Indian pension funds have requested easing of investment rules for corporate bonds to maximize returns.
The requests include relaxing the cap on purchases of corporate bonds maturing in less than three years and buying company debt rated by only one credit assessor.
The Association of NPS Intermediaries made these requests at a recent meeting, highlighting the need for flexibility to manage the growing pool of household savings.
With assets with the National Pension System tripling to $168 billion since the pandemic, there's a call for more investment opportunities and tweaks in regulations to optimize returns.