Key to Double Digit Growth: Indian Capital Markets

With domestic savings and investments pegged at a higher rate every year, capital markets strive to channelise the maximum savings into the financial system, thereby increasing the depth of the markets. There arises a need to create a suitable mechanism aided by appropriate instruments which will tap savings right from the grass root level, mobilising them into the capital market.

This report suggests that the way forward for the Indian capital markets needs to be tuned in to adapt to the constantly evolving developments in the financial services space, with a focus on product innovation and simplification, continued integration of technology with business, financial literacy and awareness, creating a resilient bond market, creating a favourable environment for FIIs and laying the foundation for regulatory reform. Emphasis on these imperatives will cement the growth path in the years to come.