Interest subsidies lift municipal bond issuances to new record
Published on: Nov. 27, 2025, 6 a.m. | Source: The Economic Times
Municipal bonds in India have reached a record high this fiscal, surpassing ₹1,000 crore, driven by government interest subsidies and SEBI's encouragement. The Nashik Municipal Corporation recently raised ₹200 crore, highlighting the growing attractiveness of this funding avenue for urban local bodies undertaking developmental projects.
