India's Debt Market Not Ready for Next Growth Phase, Deloitte Report States
A Deloitte report indicates that India's debt market is not adequately prepared to fund the country's next phase of economic growth. The market is deemed insufficient to meet the $7.3 trillion goal.
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India's debt market not ready to fund next growth phase: Report
India's debt market requires urgent structural reforms to fund its ambitious economic growth, warns Deloitte. The report highlights that relying solely on bank deposits is no longer viable as household savings shift. To achieve its $7.3 trillion economy target by 2030, the market needs greater depth, liquidity, and integration to efficiently bridge the rising capital gap and support national economic aspirations.
By TOI BUSINESS DESK
Read full article →India’s Debt Market Not Ready For $7.3 Trillion Goal: Deloitte Report - Whalesbook
India’s Debt Market Not Ready For $7.3 Trillion Goal: Deloitte Report Whalesbook
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