ETMarkets Smart Talk | Jiraaf clocks 15x growth in two years as retail investors embrace bonds: Vineet Agrawal

Online bond platform Jiraaf has recorded nearly 15x growth over the past two years, with average ticket sizes crossing Rs 1.5 lakh, reflecting rising retail participation in India's bond market. Meanwhile, IIFL Finance raised $300 million via a four-year dollar bond issuance priced at 7.60 percent, with Fitch assigning an expected B+(EXP) rating. Falling fixed deposit rates, improved digital access, and SEBI regulations are driving the financialisation of fixed income, with investors increasingly diversifying into government and corporate bonds.