Finance Ministry invites entries for new DFI's name, logo"@FinMinIndia in association with @mygovindia is announcing a contest to crowdsource the name, tagline and logo of the new Development Fina...
SIDBI invites bids from consultants to help set up Rs 20,000 cr NaBFIDThe Infra DFI is being established through an Act of Parliament as a statutory body to address market failures that stem from the long-term...
Opposition says National Bank for Financing Infrastructure and Development Bill 'lacks' oversightJharna Das Baidya of the CPI (M) demanded that the government set out a structural financial mechanism for this, as such institutions like ...
Parliament passes bill to set up National Bank for Financing Infrastructure and DevelopmentThe Rajya Sabha passed the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 by voice vote on Thursday.
Government introduces NaBFID Bill in Lok SabhaThe bill seeks to establish NaBFID with an authorised share capital of ₹1 lakh crore to support the development of long-term non-recourse i...
Government to introduce DFI Bill in Lok Sabha next weekThe union cabinet earlier this week had approved a budget proposal of setting up a Development Finance Institution (DFI), which will have t...
View: India's new bank for infra financing is clearly mandated to have a ‘developmental role’As Nirmala Sitharaman let us know on Tuesday, it is to start with an equity base of Rs 20,000 crore — the largest-ever institutional startu...
Private sector DFIs may get 5-year tax holidayThe cabinet on Tuesday approved the National Bank for Financing Infrastructure and Development (NaBFID) — the state-run DFI proposed in the...
Economic reforms to drive India sovereign rating, says K V Kamath"With all the efforts (economic reforms) the government of India is making, I think that sovereign rating itself would go up. Because, I do...
Parliament panel asks NHAI to explore debt restructuring, raise long-term fundsThe committee notes that the debt servicing liability of NHAI for the next three Financial Years is even higher than the estimates that the...
Cabinet to decide on tax waiver, HQ for new DFIThe RBI is keen that the DFI is based in Mumbai as it believes that India Infrastructure Finance Company (IIFCL), which will be subsumed in...
Govt to hold at least 26% in DFI, offer guaranteesThe government is likely to have full ownership of the DFI to start with but over time may offer up to 74% stake to domestic and foreign fi...
Budget focused on multiplier effect: FM Nirmala SitharamanNirmala Sitharaman said healthcare and agriculture have been the other priorities for the budget. While the Budget provided for enhanced ca...
Will transfer Rs 2.2 lakh crore NPAs to ‘bad bank’: Financial services secretaryFinancial services secretary Debasish Panda is responsible for implementing some of the key measures – from privatising two banks and a gen...
Government to set up Rs 20,000 crore DFI to promote infra financingUnveiling the Union Budget 2021-22, the Finance Minister said that a professionally-managed DFI to be set up to provide, enable and catalyz...
How can a development finance institution help the steel and cement companies?“Infrastructure needs long term debt financing. A professionally managed Development Financial Institution is necessary to act as a provide...
Government to introduce bills to set up DFI, Digital Currency“To set up a new DFI as a provider, enabler and catalyst for infrastructure financing,” the NaBFID Bill 2021 purpose of statement noted, ad...