Deutsche Bank analysts predict a bullish future for India’s bond market, anticipating central bank rate cuts that could range between 25-50 basis points next year. The upbeat forecast comes alongside a record-setting high-yield debt sale by Shapoor Mistry’s firm, Goswami Infratech, which has made waves in the market.
The German banking giant has played a pivotal role in structuring significant financial deals within the country, including a substantial refinancing package for Adani Group. This move facilitated the conglomerate’s strategic acquisition of Ambuja Cements Ltd. and ACC Ltd., further expanding its footprint in the cement industry.
Read More : India’s Bond Market Poised for Expansion Amid Central Bank Rate Reductions