₹190 Lakh Crore Question: Can India Finance Its Growth Without a Deep Bond Market?

India’s economic trajectory over the next decade will be defined not just by ambition, but by its ability to finance that ambition. The numbers are staggering. According to estimates by the National Infrastructure Pipeline and subsequent policy discussions, India will require investments in the range of ₹190-250 lakh crore between 2025 and 2035 to sustain…

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Asset Tokenisation and India’s Next Financial Leap: Opportunity, Risk and the Need for Guardrails

India’s financial architecture has periodically undergone step-change reforms that quietly but fundamentally altered economic participation. Bank nationalisation expanded credit access. Dematerialisation modernised capital markets. UPI democratised payments at an unprecedented scale. The growing conversation around asset tokenisation suggests the next frontier may lie not in how Indians transact, but in how they own, invest and…

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