In this edition of Big Story, Moneycontrol's Sakshi Batra decodes the various measures announced by the RBI and their impact on the market.
For a long time there hasn't been too much development in the Indian bond market. In the period between 2005 and 2010, lots of products for the corporate bond market were introduced. Credit default swaps was introduced a year ago, but, barring interest rate swaps nothing much has come of the other products.