💨 Abstract

The ICRA report predicts Indian municipal bond issuances to surpass Rs 1,500 crore in FY2025-FY2026, driven by government push and increased focus on ESG initiatives. The share of Green/pooled bonds is expected to rise. Since FY2018, the market has seen significant growth, with over Rs 2,600 crore raised, due to government incentives and regulations.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖