India’s credit market is rapidly expanding as the country looks to become the world’s next economic growth engine. Prime Minister Narendra Modi’s infrastructure plans are fueling a borrowing binge, with the local corporate bond market set to more than double to the equivalent of about $1.5 trillion by 2030. Private credit is playing an increasingly key role. And the nation’s sovereign bonds are being included in more global indexes. To provide insight into what lies ahead, Bloomberg brings you the inaugural India Credit Forum featuring Reserve Bank of India (RBI) Governor Shaktikanta Das, Sebi Member Ananth Narayan and credit industry leaders. Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing: https://lnkd.in/gpV8v4YP Get an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise. Sign up to Menaka Doshi's weekly India Edition newsletter here: https://lnkd.in/gFSreegq
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Happening Now: India’s securities regulator member Ananth Narayan discusses regulating for growth in an interview with Bloomberg News Senior Editor Menaka Doshi at #BloombergIndiaCreditForum Watch live here: https://lnkd.in/dack5ia
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“The robustness and resilience of private credit is yet to be tested,” says India’s central bank Governor Shaktikanta Das. Follow our blog for the latest from #BloombergIndiaCreditForum https://trib.al/OId36m1
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An interest rate cut at this stage would be “very premature” and risky, says India’s central bank Governor Shaktikanta Das. Follow our blog for the latest from #BloombergIndiaCreditForum https://trib.al/Dj74aKZ
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India's central bank chief says, at the Bloomberg India Credit Forum, that an interest rate cut at this stage would be “very premature” and risky.
RBI Governor Says Interest Rate Cut at This Stage ‘Premature’
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