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India pension funds said to request easier bond investment rules

  • 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.

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