In this episode of Decoding with Finsec, we have a conversation with Mr. Pramod Rao, former Executive Director of SEBI, to explore the Indian debt market's remarkable growth and regulatory journey. We dive into why the bond market actually dwarfs equities in terms of primary issuances, how Online Bond Platform Providers are bringing a retail revolution similar to what discount brokers did for stocks, and the challenges around liquidity that still need solving. Mr. Rao also shares his vision for what's next—simpler documentation for issuers, opening up the market for MSMEs, and a much-needed mindset shift in how we treat bonds versus bank lending. Whether you're a market participant or just curious about where Indian capital markets are headed, this conversation has something for you.
