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, ....
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