This document explores the size, issues, and challenges of the corporate bond market in India. It discusses the types of bonds and their role in the economy. The document also includes information on the process of issuing corporate bonds, public and private placement, compliance regulations, and the current scenario of the corporate bond market in India. It highlights the lack of transparency, asymmetry in data, narrow investor base, and inefficient price discovery as some of the challenges faced by the market. The document concludes with suggestions for further growth and diversification of the corporate bond market in India.