Corporate Bond Market

Globally, corporate bond markets are among the largest and deepest sources of long-term capital for businesses. In India, however, the real sector, particularly NBFCs, continues to rely heavily on bank and shadow bank financing, with comparatively limited dependence on the corporate bond market. Achieving the vision of Viksit Bharat 2047 will require a deeper and more vibrant corporate bond market to mobilise long-term capital, strengthen the Indian economy, and support sustainable economic growth.

Key stakeholders associated with the Council include the Securities and Exchange Board of India (SEBI), Reserve Bank of India (RBI), Ministry of Finance, and other financial institutions, regulators, and market participants.

The ASSOCHAM National Council for Corporate Bond Market serves as an Industry Policy Forum, bringing together industry leaders, regulators, policymakers, and other stakeholders to address key sectoral challenges, promote regulatory reforms, and strengthen public policy dialogue. Through regular council meetings, webinars, summits, e-summits, round-table discussions, awareness and training programmes, research, and think tank initiatives, the Council provides valuable policy recommendations and industry insights to support the development of a robust, transparent, and globally competitive corporate bond market.