To help ‘Smart Cities’ plan, SEBI approves municipal bonds rules

22-Mar-2015 #Digital India Source: India TV news

In order to foster government’s ‘Smart Cities’ initiative, Sebi took a step ahead on approving a new set of norms for listing and trading of municipal bonds known as ‘muni bonds’ on stock exchanges, while channelising household investments for urban infrastructure development. By issuing municipal bonds, authorities will be able to raise funds from the public and from the institutional investors towards setting up of smart cities.

Read Full Article..
Tagged: ,
    [0] => post-template-default
    [1] => single
    [2] => single-post
    [3] => postid-7158
    [4] => single-format-standard
    [5] => do-etfw
    [6] => wpb-js-composer js-comp-ver-
    [7] => vc_responsive