Corporate debt pie grows by 15 per cent as on December 31

India’s corporate debt market has grown significantly in the past few years. Total outstanding debt posted a trend growth of 15 per cent to Rs 106.88 lakh crore as on December 31, 2016, from Rs 45.31 lakh crore as on March 31, 2011.
But most of the issuers are top-rated firms. With limited investor interest, lower rated issuers continue to rely on the banking sector to meet their funding requirements.Such issuers are in the infrastructure and other capital-intensive sectors.