Ranchi Municipal Corporation Municipal Bond marks a major step in Jharkhandโ€™s urban finance modernization.

Ranchi Municipal Corporation Municipal Bond

Ranchi, the vibrant capital of Jharkhand, is poised for a significant milestone:ย Ranchi Municipal Corporation (RMC) has received official approval to issue a municipal bond under the AMRUT 2.0 scheme.ย This landmark move represents much more than a financial techniqueโ€”it signals Ranchiโ€™s entry into an elite group of Indian cities leveraging innovative urban finance for self-reliant growth.