Development Finance Institution (DFI) Current Affairs, GK & News

DFI to get direct access to RBI Funding Facilities

The National Bank for Financing Infrastructure and Development Bill, 2021 was introduced in the Lok Sabha on March 22, 2021. Under the bill, the government will soon set up a “National Bank for Financing Infrastructure and Development”. This bank will also get government guarantee support as well as the direct access to liquidity from the ..

Month: 

Category: 

Topics: 

Cabinet clears DFI with capital infusion of Rs 20000 crore

The Finance Minister, Nirmala Sitharaman, announced on March 16, 2021 that the Union Cabinet chaired by Prime Minister, Narendra Modi, has cleared the proposal of setting up of the “Development Finance Institution (DFI) with the capital infusion of rupees 20,000 crore. This proposal was approved in a bid to boost the infrastructure development in country. ..

Month: 

Category: 

Topics: 

National Infrastructure Pipeline: Financing Bank to be set up

The government is considering to introduce a new bill “National Bank for Financing Infrastructure and Development Bill, 2021” in the ongoing budget session of the parliament. This bill will be passed with the objective of setting up a new development finance institution (DFI) so as to finance the infrastructure projects. What is Development Finance Institution (DFI)? The ..

Month: 

Category: 

Topics: