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Infra lender NaBFID considers bond sale to raise up to $4.8 billion | Finance News

Business Standard

[ad_1] By Saikat Das   National Bank for Financing Infrastructure and Development plans to raise up to Rs 40,000 crore ($4.8 billion) in local currency bonds, according to people familiar with the matter, as the newly created Indian lender aims to more than double its loans disbursement.  NaBFID, as the institution is … Read more

NaBFID takes derivatives cover for over Rs 10K cr to hedge rate risk | Economy & Policy News

Business Standard

[ad_1] The National Bank for Financing Infrastructure and Development (NaBFID) has taken derivatives cover for more than Rs 10,000 crore to hedge the institution against interest rate risks. These risks emerge from the fixed rate long-term liabilities debentures and annual reset for loans which would increase uncertainty. The government-owned infrastructure funding institution raised … Read more