Nashik Municipal Corporation aims to raise another Rs 200 crore from the municipal bond route by February next year, a top official said.Speaking to reporters at a trade fair event for the maiden fundraising of Rs 200 crore through the route, municipal commissioner Manisha Khatri said the civic body is preparing to launch a new […]
The Reserve Bank of India (RBI) has allowed money market participants to pledge municipal bonds for borrowing in the overnight market under repo operations (Repo), the regulator said on Tuesday.Unlisted companies holding government securities will also be considered eligible participants for repo transactions, the RBI said. “Eligible participants include all unlisted companies having special securities […]