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HomeBudgetNaBFID will set up partial credit guarantee scheme for corporate bond for infrastructure, says FM Sitharaman

NaBFID will set up partial credit guarantee scheme for corporate bond for infrastructure, says FM Sitharaman

NaBFID is a specialized Development Finance Institution in India aimed at supporting the country's infrastructure sector.

February 01, 2025 / 19:00 IST
Budget

Finance Minister Nirmala Sitharaman on February 1 during the announcement of Union Budget 2025 said that National Bank for Financing Infrastructure and Development (NaBFID) will set up partial credit guarantee scheme for corporate bonds for infrastructure.

“NaBFID will set up partial credit guarantee for corporate bond for infrastructure,” Sitharaman said.

NaBFID is a specialized Development Finance Institution in India aimed at supporting the country's infrastructure sector, which can significantly gain from an enabling credit flow by means of attractive instruments and channelized investment.

Manish M. Suvarna
Manish M. Suvarna is Senior Correspondent at Moneycontrol. He writes on the Indian money markets, RBI, Banks and NBFCs. He tweets at @manishsuvarna15. Contact: Manish.Suvarna@nw18.com
first published: Feb 1, 2025 11:59 am

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