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ETMarkets Smart Talk | Jiraaf clocks 15x growth in two years as retail investors embrace bonds: Vineet Agrawal
Key takeaway
Jiraaf, an Indian bond platform, reports 15x growth in two years as retail investors shift from fixed deposits to bonds.
- Step 11st-order: Jiraaf reports 15x growth as retail investors shift from fixed deposits to bonds.
- Step 22nd-order: Increased retail bond demand lowers corporate borrowing costs and expands the bond market.
- Step 33rd-order: Banks face deposit disintermediation, potentially tightening SME lending spreads.
Source: Economic Times (Markets)
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