{"id":12170,"date":"2026-08-29T14:46:29","date_gmt":"2026-08-29T09:16:29","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=12170"},"modified":"2026-08-29T15:56:44","modified_gmt":"2026-08-29T10:26:44","slug":"national-bank-for-financing-infrastructure-and-development-nabfid","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/national-bank-for-financing-infrastructure-and-development-nabfid\/","title":{"rendered":"National Bank for Financing Infrastructure and Development"},"content":{"rendered":"<h2><b>National Bank for Financing Infrastructure and Development Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the National Bank for Agriculture and Rural Development and the National Bank for Financing Infrastructure and Development (NaBFID) have signed an MoU for financing infrastructure projects with significant rural impact.<\/span><\/p>\n<h2><b>About National Bank for Financing Infrastructure and Development<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a specialized <\/span><b>Development Finance Institution in India.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is aimed at <\/span><b>supporting the country\u2019s infrastructure sector,<\/b><span style=\"font-weight: 400;\"> which can significantly gain from an enabling credit flow by means of attractive instruments and channelized investment.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">NaBFID <\/span><b>was set up in 2021<\/b><span style=\"font-weight: 400;\">, by an Act of the Parliament (The National Bank for Financing Infrastructure and Development Act, 2021),\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Objectives:<\/b><span style=\"font-weight: 400;\"> Addressing the gaps in <\/span><b>long-term non-recourse finance<\/b><span style=\"font-weight: 400;\"> for infrastructure development, strengthening the development of bonds and derivatives markets in India, and sustainably boosting the country\u2019s economy.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It shall be regulated and <\/span><b>supervised by RBI as an All-India Financial Institution (AIFI).<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The principal idea behind the setup of NaBFID is to provide a dedicated and specialized institution focused on addressing the long-term financing needs of the infrastructure sector in India.<\/span><\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/economictimes.indiatimes.com\/industry\/banking\/finance\/banking\/nabard-and-nabfid-join-forces-to-fund-rural-infrastructure-projects-for-enhanced-development\/articleshow\/133562514.cms\" target=\"_blank\" rel=\"nofollow noopener\">ET<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Bank for Financing Infrastructure and Development is a specialized Development Finance Institution in India. Read more about National Bank for Financing Infrastructure and Development, Objectives.<\/p>\n","protected":false},"author":5,"featured_media":121549,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[9861],"class_list":["post-12170","post","type-post","status-publish","format-standard","has-post-thumbnail","category-upsc-prelims-current-affairs","tag-national-bank-for-financing-infrastructure-and-development","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/12170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=12170"}],"version-history":[{"count":3,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/12170\/revisions"}],"predecessor-version":[{"id":121632,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/12170\/revisions\/121632"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/121549"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=12170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=12170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=12170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}