National Bank for Financing Infrastructure and Development (NaBFID)
- The National Bank for Financing Infrastructure and Development (NaBFID) has raised Rs.10, 000 crores via the maiden issuance of listed bonds.
- NaBFID was set up in 2021, by an Act of the Parliament (The National Bank for Financing Infrastructure and Development Act, 2021).
- Objectives: Addressing the gaps in long-term non-recourse finance for infrastructure development, strengthening the development of bonds and derivatives markets in India, and sustainably boosting the country’s economy.
- NaBFID shall be regulated and supervised by RBI as an All India Financial Institution (AIFI) under sections 45L and 45N of the RBI Act, 1934, ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
News Snippets
- 1 India Internet Governance Forum
- 2 Amrit Gyaan Kosh Portal
- 3 RuTAG 2.0
- 4 'Rashtraparv' Website & Mobile App
- 5 Henderson Doctrine
- 6 Variable Rate Repo Auction (VRR)
- 7 Trade Receivables Electronic Discounting System (TReDS)
- 8 Rajmarg Saathi
- 9 Khorlochhu Hydro Plant
- 10 NHAI Contractor Rating System