Private capital should play a much larger role in India's infrastructure development: Rajkiran Rai, MD & CEO, NaBFIDIndia requires infrastructure investments of nearly Rs 770 lakh crore over the next 20 years. This requirement cannot be met through budget...
New power policy draft may reach Cabinet in AugustThe power ministry plans cabinet approval for a new electricity policy next month. This policy aims for higher per capita electricity consu...
The ATM story: Banks move to cash recyclers from just dispensersMore than 15,000 ATM units are expected to come up for request for proposals (RFPs) for cash recyclers, with nearly 77% of these belonging ...
India weighs hybrid annuity model for East-West freight corridorThe East-West Dedicated Freight Corridor may use a Hybrid Annuity Model for development. This financing framework was discussed at a confer...
RBI's concessional swap facility to boost financial institutions' overseas borrowing: S&PThe Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financi...
Indian issuers hold dollar bond plans amid demand for higher yieldsIndian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from...
RBI opens term money market to AIFIs, housing finance companiesThe Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them...
RBI draft allows AIFIs, HFCs to borrow from call moneyThe Reserve Bank of India (RBI) has proposed allowing All India Financial Institutions (AIFIs) and housing finance companies (HFCs) to borr...
SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...
HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
RBI may need to absorb at least half of hedging cost to spur ECBs by PSUsThe Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...
NaBFID to be repositioned as a global financial institution"The company was formed in a hurry with the idea of starting operations quickly, while branding the institution was not an immediate priori...
Welspun One raises ₹2,300 crore from NaBFIDWelspun One Logistics Parks has secured ₹2,300 crore from NaBFID for its logistics park at JNPA, Navi Mumbai. This marks NaBFID's first war...
NaBFID eyes tieups with multilateral funding agenciesThe National Bank for Financing Infrastructure and Development (NaBFID) plans to partner with multilateral funding agencies for blended fin...
Need to create credit enhancement facility: Finance Minister to NaBFIDFinance Minister Nirmala Sitharaman has asked NaBFID to introduce a structured partial credit enhancement facility and create a data reposi...
NaBFID to sanction Rs 3 lakh crore by March 2026 to support infra developmentTo date, NaBFID has made total sanctions of more than Rs 86,804 crore, with projects spread across the country and in diversified sub-secto...
Govt promoted term lender NaBFID's profit double to Rs 632 crore in Q3 FY24The National Bank for Financial Infrastructure and Development (NaBFID) reported its earnings doubled in the quarter ending December 2023, ...