Elaborating on the government's strategy for handling the pandemic, the minister said that on one hand the focus is on ramping up vaccinati...

"@FinMinIndia in association with @mygovindia is announcing a contest to crowdsource the name, tagline and logo of the new Development Fina...

The company's asset quality witnessed improvement as net non-performing assets (NPAs) came down to 5.39 per cent from 9.75 per cent.

The Infra DFI is being established through an Act of Parliament as a statutory body to address market failures that stem from the long-term...

The boost to infrastructure and capital spending in the budget along with the AtmaNirbharBharat Mission would contribute to the resilience ...

“We are targeting around 1,000-odd companies based on their pronouncements in various fora. Tesla is one of them we are talking (to),” Moha...

“We are also looking at their individual interest, their India office setup, the MoUs they have signed. PLI (Production Linked Incentive Sc...

The session started on January 29 and was originally slated to end on April 8 but several members had urged Speaker Om Birla to end it earl...

Jharna Das Baidya of the CPI (M) demanded that the government set out a structural financial mechanism for this, as such institutions like ...

The Rajya Sabha passed the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 by voice vote on Thursday.

The bill seeks to establish NaBFID with an authorised share capital of ₹1 lakh crore to support the development of long-term non-recourse i...

India is looking to create a system to certify climate resilience of infrastructure being built amid repeated occurrence of natural disaste...

The union cabinet earlier this week had approved a budget proposal of setting up a Development Finance Institution (DFI), which will have t...

The cabinet on Tuesday approved the National Bank for Financing Infrastructure and Development (NaBFID) — the state-run DFI proposed in the...

The 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...

Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acqui...

“To set up a new DFI as a provider, enabler and catalyst for infrastructure financing,” the NaBFID Bill 2021 purpose of statement noted, ad...