
Weak balance sheets of municipal bodies a challenge in bond issuance: SEBI Chairperson
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…