NaBFID Global Expansion aims to convert India’s key infrastructure finance institution into a global development bank to support international and domestic infrastructure growth. Learn key details for competitive exams. NaBFID to Transform into Global Infrastructure Bank Government Moves to Elevate NaBFID’s Mandate The Indian government has announced a plan to reposition the National Bank for…
AIIB new president 2025 Zou Jiayi succeeds Jin Liqun in a historic appointment, becoming the first woman to lead the Asian Infrastructure Investment Bank. Explore her background, AIIB’s strategic focus, and why this matters for government exam aspirants. Zou Jiayi Appointed as AIIB President: A New Chapter Begins Leadership Transition at AIIB Zou Jiayi, the former Chinese…
SBI Raises ₹10,000 Crore via 15-Year Infrastructure Bonds at 7.36% Coupon State Bank of India (SBI), India’s largest public sector bank, has successfully raised ₹10,000 crore through 15-year infrastructure bonds with a coupon rate of 7.36%. This fundraising initiative aims to bolster the bank’s capital base and support the financing of critical infrastructure projects across…
RBI Approves REC to Establish Subsidiary in GIFT City The Reserve Bank of India (RBI) has recently granted approval to Rural Electrification Corporation (REC) to establish a subsidiary in the Gujarat International Finance Tec-City (GIFT City). This move comes as a significant development in the financial sector, particularly in the realm of infrastructure financing. Why…
India and UK Launch Infrastructure Financing Bridge In the ever-evolving landscape of global infrastructure development, India and the United Kingdom have taken a significant step forward by launching the “Infrastructure Financing Bridge.” This collaborative effort aims to foster robust financial support and expertise exchange in the infrastructure sector. In this article, we delve into the…
RBI’s Revised Guidelines for IDF-NBFCs to Boost Infrastructure Financing The Reserve Bank of India (RBI) has recently introduced revised guidelines aimed at bolstering Infrastructure Debt Funds-Non-Banking Financial Companies (IDF-NBFCs). This move comes as a significant step in India’s quest to accelerate infrastructure development and financing, which is vital for the nation’s growth. In this article,…
