New Delhi, May 22 -- A fast-growing economy like India needs a blend of traditional bank credit and robust equity and debt financing through capital markets for its long-term needs, Securities and Exchange Board of India chairperson Tuhin Kanta Pandey said.

"The scale of investment needed to fund infrastructure, clean energy, innovation and industrial expansion demands diverse and sustainable sources of financing," the Sebi chief said at an event organised on Thursday by industry body Assocham.

"Capital markets bridge this gap by offering a platform for equity and debt financing, enabling businesses to access patient capital without overreliance on debt or collateral," he added.

India aims to become a developed nation or a high-income ...