The rating agency expects total outstanding supply of corporate bonds to increase from around ₹33 lakh crore in FY20 to ₹65 lakh crore-₹70 lakh crore in FY25, with innovations playing a key role.
Lucknow Municipal Corporation’s ₹200 crore bond, listed on BSE, has seen an oversubscription of 4.5 times and joins 8 Indian cities, together raising an aggregate of ₹3,690 crore.
