MUMBAI: The sharp decline of nearly ₹13,785 crore—from approximately ₹91,690 crore to ₹77,905 crore—in the Brihanmumbai Municipal Corporation’s (BMC) fixed deposits (FD) since 2021 has raised concerns about how the civic body’s reserves are being utilised and if the corporation will be able to meet its future financial obligations without facing a liquidity crunch
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