Evidently this should not give rise to complacency and we should work in this period in building structures for growing our corporate debt market. Need to develop the Corporate Debt Market 9. The government has its own limitations when chipping in as the fiscal responsibility targets leave little scope for finding funds.
Though the commercial banks do cater to the 2  BIS central bankers’ speeches  investment needs of corporate and infrastructure sectors, they are also reaching their own limitations. We have gotten support from FDI and external borrowings, but they have their own pace and size. External borrowings are a good way out when global interest rates are low.