Thirty-three structured products worth an estimated INR1.4 billion ($19m) had strike dates in India in the first quarter of 2020, down from 70 products with a combined volume of INR5.9 billion that struck the previous quarter.

In addition, 129 investments strategies matured organically. There are 1,222 live structured products worth approximately INR563.9 billion listed on the Indian database. There were nine active distributors in the Indian market in the first quarter of 2020, up one from the same period last year. Centrum Capital entered the club of the distributors issuing eight debentures in the first three months of this year. Although IIFL Wealth Finance was not the most prolific provider, it delivered 2

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