This research is an ambitious attempt to study the determinants of debt maturity in the Indian corporate sector using panel OLS regression methodology. The corporate debt portfolio analysis discloses that the dominance of traditional debt instruments, predominance of banks, declining trend in the issue of debentures, conservative financing strategies, and absence of innovative and diverse debt instruments for investment, speculation, and risk diversification are the major imperfections prevail in the corporate debt market. The corporate debt market imperfections and the dysfunctional...