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The Asian Infrastructure Investment Bank (AIIB) has launched the InfraTech Portal, a digital platform that shares comprehensive, neutral and free information on infrastructure technologies (InfraTech) and facilitates connections in the InfraTech comm
NaBFID to be regulated as AIFI under RBI Act : Rashtra News #NaBFID #regulated #AIFI #RBI #Act The Reserve Bank on Tuesday said NaBFID will be regulated and supervised as an All India Financial Institution by it under the RBI Act, 1934. The National Bank for Financing Infrastructure and Development (NaBFID) Act, 2021, received the
Finance Minister Nirmala Sitharaman has asked NaBFID to introduce a structured partial credit enhancement facility and create a data repository for the infrastructure sector. She also advised NaBFID to develop sector specialisation and evaluate large and complex infrastructure projects.
Banks had been pressing for immunity from arbitrary arrest or action by investigating agencies against their top executives for taking commercial decisions such as grant of loans, but there has been little headway on this demand so far.
National Bank for Agriculture & Rural Development, Housing Development Finance Corp, REC, State Bank of India, and Power Finance Corp were the top five issuers in the corporate bond market