Less Than 1% Defaults in Bonds? Umesh Salvi, MD - Catalyst Trusteeship | Bond Street | @CNBC-TV18 India slipped from the 4th to 6th largest economy — not due to slower growth, but because of a stronger US dollar and weaker rupee. India’s GDP is still at $4.15T, and the IMF projects India to become the world’s 3rd largest economy by 2031. https://www.indiabonds.com/