Deloitte says India must deepen debt markets to hit $30‑$35 trillion by 2047
Deloitte’s State of Financial Services report warns that India’s debt market is too shallow to fund the $30‑$35 trillion economy target for 2047. It calls for broader investor participation, market‑led pricing and integration of money, bond and derivatives markets to cut reliance on bank deposits and boost long‑term capital.