A well-regulated and organised market helps in creating an ecosystem of trust, confidence, diversity and growth in terms of participants and business. It creates a win-win situation for all those who are associated with the sector. To realise such an ecosystem, the Securities and Exchange Board of India (Sebi) has come out with a series of circulars and consultation papers in order to create and develop a robust, vibrant bond market for retail investors.
This shows the capital market regulator’s confidence that a well-developed retail-bond market will democratise and deepen the investor base, and bring in a new set of participants
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