Tamal Bandopadhyay has an op-ed about the new infrastructure financing entity, the National Bank for Financing Infrastructure and Development (NaBFID). NaBFID closed the financial year 2024 with Rs 1 trillion worth of sanctions. Disbursements till March amounted to Rs 36,000 crore. By the end of May, disbursements crossed Rs 45,000 crore. Around 50 per cent of this is long-term loans for 15-25 years. Rai expects sanctions to cross Rs 2 trillion in the current financial year and Rs 93,000 crore in disbursements. Renewable and traditional power generation projects account for a little over half of its portfolio, followed by roads (a little over one-fourth) and railways. It has also ventured into telecom, city gas distribution, and power transmission and distribution as well in a small way so far. Set up with Rs 1 trillion in authorised share capital, NaBFID’s mandate includes financing infrastructure through loans and equity investments and developing long-term bond and derivatives markets… To support fresh disbursements, NaBFID has lined up a Rs 20,000 crore credit line from multiple banks.
NaBFID and infrastructure financing
NaBFID and infrastructure financing
NaBFID and infrastructure financing
Tamal Bandopadhyay has an op-ed about the new infrastructure financing entity, the National Bank for Financing Infrastructure and Development (NaBFID). NaBFID closed the financial year 2024 with Rs 1 trillion worth of sanctions. Disbursements till March amounted to Rs 36,000 crore. By the end of May, disbursements crossed Rs 45,000 crore. Around 50 per cent of this is long-term loans for 15-25 years. Rai expects sanctions to cross Rs 2 trillion in the current financial year and Rs 93,000 crore in disbursements. Renewable and traditional power generation projects account for a little over half of its portfolio, followed by roads (a little over one-fourth) and railways. It has also ventured into telecom, city gas distribution, and power transmission and distribution as well in a small way so far. Set up with Rs 1 trillion in authorised share capital, NaBFID’s mandate includes financing infrastructure through loans and equity investments and developing long-term bond and derivatives markets… To support fresh disbursements, NaBFID has lined up a Rs 20,000 crore credit line from multiple banks.