Municipal Performance Index

The new Nifty India Municipal Bond Index will track the performance of municipal bonds issued by Indian municipal corporations across maturities and having investment grade credit rating.

The New Delhi Municipal Council, which covers the high-security Lutyens'' zone of the national capital, was ranked number one in the Centre's ''Municipal Performance Index'' in the ''less than a million population'' category.

The new Nifty India Municipal Bond Index will track the performance of municipal bonds issued by Indian municipal corporations across maturities and having investment grade credit rating.

The New Delhi Municipal Council, which covers the high-security Lutyens'' zone of the national capital, was ranked number one in the Centre's ''Municipal Performance Index'' in the ''less than a million population'' category.