SEBI Floats Overhaul of Municipal Bond Rules to Spur Urban Funding

Sebi proposes new rules for municipal bonds in India. This could help cities get more money for projects. Changes include debt refinancing and group borrowing.

#MunicipalBonds, #UrbanFunding, #IndiaFinance, #SebiRules, #CityDevelopment

https://newsletter.tf/sebi-changes-municipal-bond-rules-for-city-funding/

India's municipal bond market is much smaller than the US market, which is $3.7 trillion. Cities have only raised about Rs 13 billion so far.

#MunicipalBonds, #UrbanFunding, #IndiaFinance, #SebiRules, #CityDevelopment
https://newsletter.tf/sebi-changes-municipal-bond-rules-for-city-funding/