Individuals seeking yield in India snap up risky firms’ debt

Individuals seeking yield in India snap up risky firms’ debt

Individual investors in India are rushing to buy corporate bonds from weaker borrowers, taking bigger risks to boost returns in a debt market dominated by institutional investors. Company note sales to retail investors have more than doubled from a year earlier to 67.2 billion rupees ($898 million) so far in 2021. A further 31 billion … Read more