The country's richest municipal corporation is losing its money. For the first time in a decade, the Brihanmumbai Municipal Corporation's (BMC) fixed deposits (FDs) faced negative growth. In the first seven years of this decade, the annual growth rate of the FDs was 17 per cent, which came down to six and three per cent in the...
Full ArticleMumbai: BMC's fixed deposits facing negative growth for fist time in a decade
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