Indian mutual funds may see an increase in inflows and non-bank lenders may move towards more traditional corporate bonds after the government removed a tax arbitrage available to so-called market-linked debentures (MLDs), analysts said.
Indian mutual funds may see an increase in inflows and non-bank lenders may move towards more traditional corporate bonds after the government removed a tax arbitrage available to so-called market-linked debentures (MLDs), analysts said.