We are able to raise resources at very competitive rates
The National Bank for Financing Infrastructure and Development (NaBFID) has set a target to sanction Rs.3 tn by March 2026, as announced by Union Minister of Finance Nirmala Sitharaman. Rajkiran Rai G, Managing Director, elaborates upon the bank’s policies and processes, evaluation mechanisms, plans for long-term financing, and more. Excerpts:
To date, NaBFID has sanctioned over Rs.1 trillion with projects across the country and in subsectors like roads, renewable power, ports, railways and city gas distribution. Which other sectors have been selected for disbursal?
Other than roads and transportation, conventional power and renewable energy, we have sanctioned and disbursed, or are in the process of disbursal, in sectors like data centres, warehousing, education, water, industrial parks, hospitals, electricity transmission and sports infrastructure...
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