NCD Issuances Increase Due to Credit Demand, Bank Trends

Mr.Vishal Goenka, Co-Founder of IndiaBonds.com

“NCD issuances have gone up due to various factors. Naturally as economic growth remains solid, there will be more demand for credit capital to fund India’s growth.

Capital markets in India have developed further due to Global Index inclusions which have focused on demand for fixed income and created conducive environment for NCDs. Rise of Online Bond Platforms have further created demand for NCDs by introducing new investors who can access bonds very easily Online. These give issuers an opportunity to tap this new investor segment.

Further factors contributing to rise of issuances are :

- Bank deposit ratios have been lower than their credit growth and many of them have issued infrastructure bonds to boost their liability side

- ⁠Restrictions on banks to lend to NBFCs have resulted in them accessing the bond markets for their needs leading to growth in issuances”

About IndiaBonds:

Launched in 2021, IndiaBonds is a SEBI-registered leading Online Bond Platform Provider. It provides access to investors in the fixed-income market in a low-cost, transparent, and easy-to-use manner.

At the helm of this bondtech company are industry veterans - Vishal Goenka, Co-Founder; and Aditi Mittal, Co-Founder & Director. This core team is committed to pioneering the digital revolution in the corporate bond market in India.

IndiaBonds provides a wholesome solution to bond investing to its customers; and enable them to unlock the value of the fixed-income asset class. The experienced team assists investors with access to a wide choice of bond investment opportunities that provide stability, generate predictable income, and meet their investment objectives.

Within the Online Bond Platform Providers community, IndiaBonds is recognized as a revolutionizing fintech start-up owing to some of its ground-breaking innovations in the fixed-income industry.

In 2023, it launched a Portfolio Analysis Tool, where clients can view risk management metrics and all cashflows for their entire bond portfolio.

In 2022, it announced the launch of its mathematical tool, the Bond Yield Calculator, which aids investors by simplifying the complexities of calculating corporate bond prices and yield.

In 2021, it launched a comprehensive Bond Directory for the general public to have detailed information on all INR-denominated bonds outstanding in India.