SEBI introduced a regulatory framework for the issue, listing, and trading of municipal debt securities. It was further reviewed by SEBI in 2019. As per SEBI, since 2017, 12 issues of municipal bonds have been made by 10 municipal corporations in the country, raising almost Rs2,000 crores.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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Articles outside the subscription period can be bought separately for a small price per article.
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