Zee News The National Bank for Financing Infrastructure and Development (NBFID) Bill, 2021 was passed after a reply by Finance Minister Nirmala Sitharaman. The new development finance institution (DFI) will seek to address market failures that stem from the long-term, low margin and risky nature of infrastructure financing. https://ift.tt/eA8V8J March 23, 2021 at 10:01PM The National Bank for Financing Infrastructure and Development (NBFID) Bill, 2021 was passed after a reply by Finance Minister Nirmala Sitharaman. The new development finance institution (DFI) will seek to address market failures that stem from the long-term, low margin and risky nature of infrastructure financing.
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