Recently, the National Bank for Agriculture and Rural Development (NABARD) and the National Bank for Financing Infrastructure and Development (NaBFID) signed a Memorandum of Understanding (MoU) to finance infrastructure projects with a significant rural impact.
The National Bank for Financing Infrastructure and Development (NaBFID) is a specialised Development Finance Institution (DFI) established to support India’s infrastructure sector.
It aims to facilitate infrastructure development by improving credit availability, providing attractive financing instruments and channelising investments towards infrastructure projects.
NaBFID was established in 2021 under the National Bank for Financing Infrastructure and Development Act, 2021, enacted by Parliament.
NaBFID seeks to address gaps in the availability of long-term, non-recourse finance for infrastructure development. This helps meet the substantial financing requirements of infrastructure projects.
The institution aims to strengthen the development of India’s bond and derivatives markets, thereby supporting infrastructure financing through diversified financial instruments.
NaBFID seeks to sustainably boost India’s economy by supporting infrastructure investment and facilitating the flow of credit to the infrastructure sector.
NaBFID is regulated and supervised by the Reserve Bank of India (RBI) as an All-India Financial Institution (AIFI).
Infrastructure projects often require substantial investment over long periods. NaBFID provides a dedicated and specialised institutional framework to address these long-term financing needs.
Its collaboration with NABARD can support infrastructure projects with significant rural impact, helping connect infrastructure financing with rural development.
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We provide offline, online and recorded lectures in the same amount.
Every aspirant is unique and the mentoring is customised according to the strengths and weaknesses of the aspirant.
In every Lecture. Director Sir will provide conceptual understanding with around 800 Mindmaps.
We provide you the best and Comprehensive content which comes directly or indirectly in UPSC Exam.
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