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Business / The Economic Times

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Interest subsidies lift municipal bond issuances to new record

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.

27 Nov 2025 6:00 am