India, Oct. 1 -- National Stock Exchange of India (NSE) has received a No Objection Certificate (NOC) from the Securities and Exchange Board of India (SEBI) for the proposed introduction of futures contracts on a Corporate Bond Index.The proposed product seeks to provide market participants with an exchange-traded instrument for managing corporate bond market risk and facilitate development of the broader corporate bond derivatives ecosystem in India.Corporate Bond Index Futures are expected to complement the growing corporate bond market by providing an additional avenue for risk management, portfolio hedging and price discovery. The product can also support the development of market making by enabling participants to manage market risk ar...