<h1>SEBI Proposes Bond Market Mandate; Govt to Reform Stamp Duty & Regulate IFSC Financial Services.</h1> The Securities and Exchange Board of India (SEBI) is considering a mandate for corporates to source one-fourth of their financing from the bond market. The government plans to reform the stamp duty regime on financial securities transactions and establish a unified authority to regulate financial services in India's International Financial Services Centres (IFSCs). The Finance Minister announced leveraging the India Infrastructure Finance Corporation Limited (IIFCL) for infrastructure projects. Measures are being taken to develop monetization vehicles like Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (ReITs). The Reserve Bank of India has issued guidelines for corporates to access the bond market, with a shift from AA to A grade ratings being considered.