When Immortal Bonds become Mortal

<p>Everybody’s worried about SEBI’s new perpetual bond norms. Unfortunately, if you aren’t intimately familiar with these complicated instruments, all this might sound like woo-woo. So in today’s episde, we provide an oversimplified account of the whole story.</p> <p>And to make sure we leave no stone unturned, we will take it from the absolute top.</p>