SEBI Chairperson Tuhin Kanta Pandey flags weak municipal body balance sheets as challenge in bond issuance

SEBI Chairman Tuhin Kanta Pandey during the ‘Infrastructure Conclave 2025’, in Mumbai, Maharashtra on September 18, 2025. | Photo Credit: PTI The weak balance sheets of the municipal bodies are a challenge in the development of municipal bond market in India, said Securities and Exchange Board of India (SEBI) Chairperson Tuhin Kanta Pandey at an…

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