Foreign funds may cash out of India’s bond market on index inclusion delay – analysts

Earlier this week, J. P. Morgan said India remains on the radar to be included in its influential emerging market local currency debt index after a review, dashing hopes that Asia’s third largest economy would be added this year.Some investors cited investment hurdles, “including a lengthy investor registration process and the operational readiness required for trading, settlement and custody of assets onshore,” J. P. Morgan said in its statement.