Ranchi Municipal Corporation Municipal Bond marks a major step in Jharkhand’s urban finance modernization.

Ranchi Municipal Corporation Municipal Bond

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