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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 for Financing Infrastructure and Development (NaBFID) to catalyse investment in fund-starved infrastructure sector. 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, including the development of the bonds and derivatives markets necessary for infrastructure financing.

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