Outstanding company bonds may rise to Rs 65-70L crore by March ’25: Crisil

Innovation may help double the worth of excellent company bonds within the home market to Rs 65-70 lakh crore by March 2025, score company Crisil mentioned on Wednesday in its yearbook on the Indian debt market. However, demand is predicted to be Rs 60-65 lakh crore, which implies overseas capital can be essential to bridge the Rs 5 lakh crore hole, it mentioned.
The National Infrastructure Pipeline envisages Rs 111 lakh crore of investments between fiscals 2020 and 2025 for infrastructure build-out.
Raising such has grow to be tougher due to the fiscal stress attributable to Covid. The capital market may have a giant position to play in financing the build-out by means of bonds, Crisil mentioned. It estimates improvements may help mobilise Rs 7-10 lakh crore by way of infrastructure bonds by means of fiscal 2025. —FE