NaBFID to Raise $3.6B for Infrastructure
ECONOMY & POLICY

NaBFID to Raise $3.6B for Infrastructure

The National Bank for Financing Infrastructure and Development (NaBFID) is planning to raise up to $3.6 billion this quarter to fund infrastructure projects across India, according to Managing Director and CEO Rajkiran Rai G.

NaBFID is on track to exceed its $12 billion loan sanction target for FY25, Rai said, adding that loan disbursements could reach $7.2 billion, though procedural delays might pose challenges.

“In the infrastructure sector, there is always a gap between sanction and disbursement,” he noted.

The development finance institution, set up in 2021, recently secured $600 million through a 15-year bond issuance and continues to raise funds in alignment with its disbursement strategy.

Additionally, the Partial Credit Enhancement Facility for corporate bonds, announced in the Union Budget 2025-26, is expected to be operational by April 2025. The initiative will help enhance corporate bond ratings, allowing companies to access funding at better rates.

“The framework is already in place, and with the government’s support, we expect to roll it out soon,” Rai stated.

The National Bank for Financing Infrastructure and Development (NaBFID) is planning to raise up to $3.6 billion this quarter to fund infrastructure projects across India, according to Managing Director and CEO Rajkiran Rai G. NaBFID is on track to exceed its $12 billion loan sanction target for FY25, Rai said, adding that loan disbursements could reach $7.2 billion, though procedural delays might pose challenges. “In the infrastructure sector, there is always a gap between sanction and disbursement,” he noted. The development finance institution, set up in 2021, recently secured $600 million through a 15-year bond issuance and continues to raise funds in alignment with its disbursement strategy. Additionally, the Partial Credit Enhancement Facility for corporate bonds, announced in the Union Budget 2025-26, is expected to be operational by April 2025. The initiative will help enhance corporate bond ratings, allowing companies to access funding at better rates. “The framework is already in place, and with the government’s support, we expect to roll it out soon,” Rai stated.

Next Story
Resources

Blum India brings Design Reverie to Hyderabad

Blum India hosted the Hyderabad edition of its signature event, Design Reverie, at the historic Taj Falaknuma Palace, making it a memorable evening for the city’s architecture and interior design community. As per news reports, the event combined modern design sensibilities with the grandeur of a palace setting and the spiritual charm of Sufi qawwali.This marked the third edition of the event, after previous gatherings in Delhi and Bangalore. In Hyderabad, the focus was on fostering relaxed yet meaningful dialogue among design professionals—away from the typical conference setup. The eveni..

Next Story
Resources

Hafele launches Platinum Studio in Nagpur

Hafele has expanded its franchise footprint in central India by opening a new Studio Partner Platinum showroom in Nagpur in collaboration with Onkar Furnitech. The studio was inaugurated by Nitin Gadkari, Minister of Road Transport and Highways, along with Padma Gupta, Director – HR & Customer Experience, Hafele South Asia.Located at Sarthak Plaza, South Ambazari Road, Laxmi Nagar, the showroom offers an immersive experience of Hafele’s wide-ranging interior and home solutions. Designed as a hands-on, real-life application space, the studio showcases Hafele’s full portfolio—includi..

Next Story
Resources

Truflo by Hindware wins GPTW honour again

Truflo by Hindware has been certified a Great Place to Work for the fourth consecutive year, reaffirming its commitment to a people-first culture. The certification was awarded by the Great Place to Work Institute following a rigorous evaluation of employee experience, leadership, culture, and HR practices.Known as India’s fastest-growing plastic pipes and fittings company, Truflo has focused on fostering an inclusive, innovative, and growth-driven work environment. The company prioritises employee well-being and professional development, creating a culture where people feel valued and empow..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?