NaBFID gets Finance Ministry, RBI nod for national infrastructure project repository

NaBFID, a national financial institution, has received approval from the Finance Ministry and the Reserve Bank of India to create a central database for national infrastructure projects. This repository will provide a single source of information for lenders and investors, making it easier for them to access data on various projects. The platform aims to improve transparency and facilitate investment in the country's infrastructure sector, which is crucial for economic growth. This development is significant for the Indian economy as it will help attract more investment in infrastructure proj…

Why it matters

NaBFID's national repository will provide consolidated information, increasing transparency and efficiency in the infrastructure sector. This could attract more investments and boost economic growth.

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