NABFID Aims to Sanction Rs 3 Tn by March 2026

07 Mar 2024 CW Team

In a pivotal move towards catalysing infrastructure development in India, the National Bank for Financing Infrastructure and Development (NABFID) has outlined an ambitious plan to sanction Rs 3 trillion by March 2026. This strategic initiative aims to bolster crucial sectors and propel the country's overall economic growth through extensive investment in infrastructure projects.

NABFID's commitment to sanctioning such a substantial amount underscores its pivotal role in providing financial support to transformative infrastructure ventures. With a focus on diverse projects ranging from transportation and energy to urban development, the initiative aligns with the government's vision of creating modern and sustainable infrastructure across the nation.

As India embarks on a journey of economic resurgence, the infusion of Rs 3 trillion by NABFID is poised to have a multiplier effect, generating employment, fostering innovation, and enhancing the overall quality of life. The strategic allocation of funds to key sectors reflects a comprehensive approach to addressing the country's evolving infrastructure needs.

The announcement by NABFID resonates with the broader narrative of infrastructure-led development, positioning the institution as a crucial catalyst for progress. By steering substantial financial resources towards transformative projects, NABFID aims to play a pivotal role in shaping India's infrastructure landscape and driving inclusive growth in the coming years.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..