The Summit encompassed and discussed key topics related to the corporate bond market. It also focussed on necessary reforms for making a vibrant corporate bond market in India. The chief guest of the conference was Mr. Arvind Mayaram, Former Secretary, Govt. of India, Ministry of Finance.Srei has played a significant role as the first generation of bond issuers.
In this context, Mr Sanjeev Kumar, Co-Chairman ASSOCHAM - National Council for Bond Market and Sr. Vice President, Head Retail Liabilities, Srei mentioned, “For the last few years we have been instrumental as the first generation of corporate bond issuers. Time has come to welcome second generation reforms that will help create a vibrant corporate bond market in India. Srei and ASSOCHAM in collaboration with other stakeholders have taken this initiative by creating a National Council for Bond Market. The objective of the council is Connecting, Advocating, Protection of Investors, and Educating investors (CAPE). We believe that this initiative will act as an enabler in making the Indian corporate bond market at par with global markets."
Some of the eminent speakers at the conference were Ms. Namita Yadav (Chairperson, ASSOCHAM, National Council for Bond Market), Shri Sanjeev Kumar (Co-Chairman, ASSOCHAM, National Council for Bond Market, Senior Vice President –Head Retail Liabilities, Srei), Shri R. K. Gutpa (Co-Chairman, ASSOCHAM National Council of Banking & Financial Services and Executive Director, Bank of Maharashtra), Shri Jiju Vidyadharan (Director – Funds & Fixed Income Research, CRISIL Ltd, Dr. K. L. Dhingra (Director, National Institute of Bank Management (NIBM)), ShriManoj Kumar (Deputy General Manager - Financial Markets Regulation Department, Reserve Bank of India),Shri Ritesh Nandwani(Assistant General Manager, Investment Management Department, SEBI),) and Shri Karthik Srinivasan (Senior Vice President, ICRA Ltd.).
The event also announced the launch of a book on bonds ‘Essentials of Investing in Corporate Bonds’ co-sponsored by Srei. The book extensively covers the details of the Corporate Bond Market in India. The book will be launched in Mumbai/New Delhi subsequently.
About Srei: Srei is one of India's largest holistic infrastructure institutions, constantly and consistently delivering innovative solutions in the infrastructure sector. The company has been playing a significant role in nation-building for over two-and-a-half decades, both in urban and rural India. Srei's businesses include Infrastructure Project Finance, Advisory and Development, Infrastructure Equipment Finance, Alternative Investment Funds, Capital Markets and Insurance Broking. Srei is headquartered in Kolkata and has presence across India.