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Nithin Kamath Says Company Can Now Issue Bonds With Face Value of Rs 10,000, Zerodha CEO Appreciates SEBI’s Move To Help Attract Retail Participate in Bonds

Zerodha CEO Nithin Kamath said that it was a great move from SEBI to reduce the face value of the bonds as it could help attract retail participation in the bonds.

Team Latestly | Published: May 01, 2024 05:24 PM IST
Nithin Kamath Says Company Can Now Issue Bonds With Face Value of Rs 10,000, Zerodha CEO Appreciates SEBI’s Move To Help Attract Retail Participate in Bonds
Zerodha CEO Nithin Kamath (Photo Credit: X, @Nithin0dha)

Zerodha CEO Nithin Kamath posted on X and appreciated how SEBI had been doing an "amazing job" of making bodies accessible to small investors. Nithin Kamath appreciated the Securities & Exchange Board of India's action to lower the corporate bond's face value to Rs 10,000. Earlier, the SEBI had a Rs 1 lakh limit to issue corporate bonds. Zerodha CEO, posted on X, "Companies can now issue bonds with a face value of Rs.10,000. " He also said it was a great move which would help attract more retail participation in the bonds. He then appreciated the SEBI's last few years' work to make similar changes for all. Nithin Kamath quoted his previous post on January 10, 2024 about the bond being the right stepping stone for most Indians. He said that the bonds were better than the FD returns and also had lower risk than the stocks. Changpeng Zhao Becomes World’s Richest Prisoner: Binance Founder With USD 33 Billion Wealth Sentenced to Four Months in Prison in Money Laundering Case.

Zerodha CEO Nithin Kamath Appreciates SEBI Over Reducing Bond Face Value to Rs 10,000:

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