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Credit Market

3 Feb 2020

Credit Market to Get no respite from Budget

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In the Union Budget 2020-21, the limit for FPI in corporate bonds was increased to 15% of the outstanding stock of corporate bonds which was 9% earlier.However, the budget is not seen as addressing the issues of growth and of frozen credit markets in any substantial way and this will keep credit markets frozen.

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Paresh Nemade
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