$30 billion inflows expected! Why JPMorgan’s inclusion of Indian bonds in its global index is a big boost
Friday, 22 September 2023 This development is also likely to stabilize the Indian rupee, reduce interest rates, lower bond yields, and subsequently reduce the cost of borrowing which will be a boost for the bottomline of companies.
JPMorgan will include India in its emerging market debt index, potentially attracting billions of dollars into the Indian economy. India's government bonds,... IndiaTimes Also reported by •Zee News
India’s trillion-dollar sovereign bond market is gearing up for a rush of foreign money after JPMorgan Chase & Co. said it will include the nation’s debt in... IndiaTimes