CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

Indian bond market woes

Published: 01 Sep 2014 - 10:58 pm | Last Updated: 21 Jan 2022 - 12:15 pm

Labourers work at the construction site of a multi-level parking in the northern Indian city of Chandigarh. A central bank ban on banks buying new issues of infrastructure bonds has handicapped Prime Minister Narendra Modi’s chances of gathering billions of dollars needed for mega-projects through the bond market.