Two or three other indices may also include India: PNB Gilts MD & CEO

Goel said that there are two or three other indices that may also include India

Vikas Goel, managing director (MD) and chief executive officer (CEO) at PNB Gilts spoke to Anjali Kumari on the impact of JPMorgan’s inclusion of Indian bonds in its global index, in a telephonic interview on Friday. Edited excerpts:

What will be the overall impact of bond inclusion in the near term and long term?

In the near term, which I define as two events — beginning today, the announcement, and the actual flow which will start only in June —active traders will start taking interest in India, front-running the passive investors. This is the beginning. There are two or three