ICRA predicts moderate credit flow in FY25, bond issuance likely to rise to Rs 10.6 lakh crore
The incremental credit flow was also supported by the all-time high corporate bond issuances of Rs. 10.2 lakh crore in FY2024, resulting in the stock of corporate bonds outstanding rising to an estimated Rs. 46 lakh crore as on March 31, 2024, from Rs. 43.1 lakh crore as on March 31, 2023.