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Wednesday, 6 May 2026
Mukhyamantri
BusinessMaharashtra

Why BMC, India’s richest civic body, is raising money from capital markets for the first time

The BMC has officially begun issuing municipal bonds to ensure Mumbai's mega-projects, from sewage treatment to coastal road, don't hit a financial dead end.

By Pratip Acharya· The Indian Express· 8 days ago· 2 min read
Why BMC, India’s richest civic body, is raising money from capital markets for the first time