News & Media 2nd Jul 2026

Can municipal bonds in India break a 30-year jinx?

Authors

KC JacobPartner | Mumbai

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Our Partner, KC Jacob shares his insight in The Morning Context, “Can municipal bonds in India break a 30-year jinx?.”

He highlights that the regulation does not specify whether liability is joint or several, how losses would be allocated among participating municipalities or how the structure would isolate investors from the default of one participant.

Read the article here

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