📰 Development Na News
Page 8 - Development Na News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Development Na. Real-time updates on events, politics, business and more.
October 27, 2021
NaBFID has been set up to boost infrastructure financing in the country
October 9, 2021
Govt 'unapologetic' about privatization; most PSUs to be sold created by private sector: Sanyal
October 9, 2021
New Delhi, Oct 9: Defending privatisation policy, Principal Economic Adviser Sanjeev Sanyal on Saturday said most of the public sector undertakings (PSUs)
June 6, 2021
SIDBI invites bids from consultants to help set up Rs 20,000 cr NaBFID SECTIONS Last Updated: Jun 06, 2021, 02:31 PM IST Share Synopsis The Infra DFI is being established through an Act of Parliament as a statutory body to address market failures that stem from the long-term, low margin and risky nature of infrastructure financing. PTI SIDBI on behalf of the government has floated Request for Proposal (RFP) inviting bids from consultants to help set up Rs 20,000 crore DFI called National Bank ...
June 6, 2021
SIDBI seeks bids from consultants to help set up Rs 20,000 cr NaBFID Parliament in March cleared National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 to support the development of long-term non-recourse infrastructure financing in India PTI | June 6, 2021 | Updated 17:42 IST The government expects the DFI to leverage this fund to raise up to Rs 3 lakh crore in the next few years SIDBI on behalf of the government has floated Request for Proposal (RFP) inviting bids from...
May 1, 2021
View: Let NaBFID function as Version -2 DFI Synopsis Infrastructure projects continue to languish for shortage of funds - debt as well as equity. Out of 6835 projects identified in December 2019 under National Infrastructure Pipeline (NIP), only a few ,about 225, have been completed and the remaining face, among other things, funding issues. With the enactment of National Bank for Financing Infrastructure and Development (NaBIFD)Act in the last week of March 2021 the focus now shift from the n...
April 5, 2021
India well-armed to tackle second wave: Finance Ministry SECTIONS Share Synopsis The boost to infrastructure and capital spending in the budget along with the AtmaNirbharBharat Mission would contribute to the resilience of the economy and lead to brighter prospects in the new fiscal, the report said. Getty Images India was well-armed to combat any downside risk posed by the recent surge in Covid-19 cases on account of the vaccination drive and its experience from managing the pandemic during th...
March 17, 2021
Repurpose Existing Dev Finance Arms March 18, 2021, 10:55 AM IST Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Cabinet nod for an infrastructure-focused development finance institution (DFI) is noteworthy, given lacklustre credit growth in the backdrop of stepped up capital expenditure in the budget. But it would surely make better sense to repurpose an operational DFI, such as IFCI or IIFL...
March 9, 2021
Chief Economic Adviser K V Subramanian on Tuesday exhorted financial institutions to avoid crony lending and focus on high quality loans for creation of assets that will help the country become a $5 trillion economy. Observing that Indian banking sector since the early 1990s faced the problem of poor quality lending especially on large loans, he said, loans were not given to most creditworthy borrowers but to crony capitalists, leading to high distress. "When the financial sector decides to ...