India Secures Spot in Global Bond Indexes

Business Standard reports on India's progress toward global bond index inclusion. The article traces the steps India took to meet index criteria.

Business Standard reports on India's progress toward global bond index inclusion. The article traces the steps India took to meet index criteria. Officials coordinated with rating agencies and market participants. Reforms aimed at improving transparency and liquidity were highlighted. Inclusion would place Indian sovereign bonds alongside other benchmarked assets. The achievement is expected to broaden the investor base. It could lower borrowing costs for the government. Market watchers will monitor how the new status affects capital flows.