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SEBI cracks whip on corporates’ reluctance to issue bonds, but will it work unless the RBI too acts in tandem?
Business

SEBI cracks whip on corporates’ reluctance to issue bonds, but will it work unless the RBI too acts in tandem?

The bond market is unforgiving unlike banks in the pre-IBC era, especially public sector banks (PSBs) that have shown monumental patience with defaulters all these years until the IBC came along.