Post by Observer Research Foundation

#ExpertSpeak | #ORFIndia India’s #MunicipalBond market remains underdeveloped despite growing urban infrastructure needs. #SEBI’s proposed reforms—enabling #debt refinancing, pooled #financing, and broader #investor participation—could strengthen #UrbanFinance. However, lasting success depends on building financially credible and creditworthy #cities. Dhaval Desai discusses the recent reforms to municipal bond regulations proposed by the SEBI and its significance ➡️ https://lnkd.in/gGhMceQZ