Next Stage of Corporate Bond Market Needs Joint Effort: Tuhin Kanta Pandey

The next phase of growth in India’s corporate bond market will depend on coordinated efforts by issuers, investors, intermediaries, stock exchanges and regulators, Sebi Chairman Tuhin Kanta Pandey said on Wednesday.
Speaking at the Bond Market Issuer Outreach – Inaugural Programmed organized by SEBI along with BSE and NSE, Pandey said collaboration across the entire market ecosystem is essential to sustain momentum and widen participation. He added that SEBI, in coordination with market infrastructure institutions and online bond platform providers, will continue issuer outreach programmers and investor awareness initiatives, especially for retail investors.
India’s corporate bond market has seen strong expansion over the past decade, growing from ₹17.5 lakh crore in FY15 to ₹53.6 lakh crore in FY25, at an annual growth rate of around 12%. With continued reforms and innovation, the market could expand to ₹100–120 lakh crore by 2030, industry estimates suggest.
As part of the initiative, SEBI, BSE and NSE launched a common tagline, “Bonds – Ek Sashakt Bandhan,” to boost investor confidence and awareness. NSE and BSE officials highlighted the role of technology, transparency and deeper participation in building a resilient and inclusive bond market ecosystem.