FM proposes incentives of Rs 100 cr for single bond issuance by municipal corporations

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....M proposes incentives of Rs 100 cr for single bond issuance by municipal corporations<BR>FEMA / RBI<BR>Dated:- 1-2-2026<BR>PTI<BR>New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Sunday p....

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....roposed incentives of Rs 100 crore for single bond issuance by municipal corporations of more than Rs 1,000 crore. She also announced restructuring of REC Ltd (formerly Rural Electrification Corpora....

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....tion) and Power Finance Corporation (PFC) as part of the government's public sector financial institution strengthening. The minister proposed setting up high-level committee on 'Banking for Viksit ....

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....Bharat'. She said the country's banking sector is characterised by a strong balance sheet, historic high profitability. In her Budget speech, she proposed to review foreign exchange management non....

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....-debt instruments rules. She added that close to 25 crore people have come out of multi-dimensional poverty. PTI TEAM TRB<BR> News - Press release - PIB....