Patna Municipal Corporation''s Rs 200-Cr municipal bond listed on NSE

Patna, Nov 10 (UNI) Bihar Chief Minister Samrat Choudhary said the listing of Patna Municipal Corporation's Rs 200-crore municipal bond on the National Stock Exchange (NSE) marks a significant milestone in the state's efforts to strengthen its economy and create new avenues for urban development. He said in a statement on Tuessay the bond issuance had enabled the municipal corporation to raise Rs 200 crore and directed that the funds be invested in revenue-generating projects. Choudhary said this was the first time a municipal bond worth Rs 200 crore from Bihar had been listed on the NSE. He emphasised that…