Individual investors 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 Rs 6,720 crore so far in 2021. 

A further Rs 3,100 crore of bonds that individuals can buy into are being marketed right now, and another Rs 5,000 crore of such debt is in the pipeline including a deal from India Grid Trust announced late last week. Many savers desperate for yield are likely to jump at the