As a development finance institution (DFI), the National Bank for Financing Infrastructure and Development (NaBFID), will facilitate cheap capital for public works programmes and projects, says Vinayak Chatterjee, Chairman, Feedback Infra Group & Chairman, Confederation of Indian Industry (CII), National Council on Infrastructure. Like the DFIs created by policymakers in the 1950s for making industrial capital accessible,...
Tag: Development Finance Institution (DFI)
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DFI cleared, to begin with 100% govt ownership
The govt will have 100% ownership in the DFI initially and will gradually be brought down to 26%