National Bank for Financing Infrastructure Development to disburse first loan in FY23; looking to raise funds via bonds
The development finance institution, created to aid in the ambitious infrastructure building targets, is currently involved in assessing various projects across sectors including roads and renewable energy, its managing director and chief executive Rajkiran Rai told reporters here.
Rai said that NaBFID's mandate is not limited to financing projects alone, and it will also be performing the role of developing the infrastructure finance ecosystem by helping crowd-in investments. Pic: Pixabay