National Bank for Financing Infrastructure and Development (NABFID) Subject: Economy Section: National Income Context: NaBFID plans to raise up to Rs 52,000 crore in funding during FY24. Concept : NBFID will be set up as a corporate body with authorised share capital of one lakh crore rupees. Objectives: To directly or indirectly lend, invest, […]

    National Bank for Financing Infrastructure and Development (NABFID)  Context : The central bank also observed that the setting up of the National Bank for Financing Infrastructure and Development (NABFID) is expected to shift the burden of long-term financing away from banks. Concept:  National Bank for Financing Infrastructure and Development (NABFID)  NBFID will be […]

    National Bank for Financing Infrastructure and Development (NABFID) Subject: Economy Section: Monetary Policy Context: The central bank also observed that the setting up of the National Bank for Financing Infrastructure and Development (NABFID) is expected to shift the burden of long-term financing away from banks. Concept:  National Bank for Financing Infrastructure and Development […]

    National Bank for Financing Infrastructure and Development (NabFID) Subject: Economy Section: Monetary Policy and banking Concept: NBFID was announced in the Budget 2021. The National Bank for Financing Infrastructure and Development Bill, 2021 was introduced in Lok Sabha on March 22, 2021. The Bill seeks to establish the National Bank for Financing Infrastructure […]