Early this month, SEBI issued a consultation paper on review of issue and listing of debt instruments and security receipts
On Grip Invest, Millennials constitute 63 percent of all corporate bond investors, with average investment increasing 1.8 times between 2023 and 2024.
Fintechs expect retail participation in the bond market to grow similar to the equity markets during the Covid lockdown as Sebi allows companies to issue bonds at a face value of Rs 10,000. Bonds could prove to be a competitor to FDs.
A third online bond platform, Yubi Invest, applied for licence on November 2, 2022
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The EV maker claims it has an existing order book of over 40,000 commercial electric vehicles. The demand for leasing of commercial electric vehicles is very robust owing to the low-total cost of ownership, which is further fuelled by e-commerce players augmenting their EV fleet, the company said.