India Tokenized Bonds Advance as SEBI Expands Demat 2.0 Pilot
India’s Demat 2.0 pilot brings corporate bonds onto a permissioned ledger while settling payments through the RBI’s wholesale digital rupee. REC, Larsen & Toubro, and IIFL Finance have already raised ₹1,025 crore under the framework, while existing investor protections remain unchanged.
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