Beyond Equities: SEBI Eyes Bonds, AIFs And Asset Monetisation For Growth

In an exclusive conversation with Siddharth Zarabi, Group Editor, Business Today, Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI), outlined drivers of the next growth phase in India’s capital markets. He said expansion will be broad-based across manufacturing, services, financials and energy transition. Beyond equities, he highlighted rapid growth in AIFs, REITs and InvITs, supported by asset monetisation. Pandey stressed deepening corporate bond markets—now about ₹58 lakh crore—with bond indices, derivatives and market-making reforms. He also emphasized boosting retail participation and awareness in fixed-income products.