rbi speech, 2006-05-25
Appropriate institutional processes, development of various market segments including for mortgage - backed securities and bond insurance institutions for credit enhancement, easing cost and abridgment of disclosure requirements for listed companies, rating requirements for unlisted companies, a suitable framework for market making, consolidation, centralized data base on primary issues for wider public information, real time trade reporting system for dissemination of information, access to RTGS and state of the art technology would provide a strong impetus for corporate bond markets to grow in India.
Sentiment: neutral
Topic: financial_stability