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National Bank for Financing Infrastructure and Development Bill, 2021

National Bank for Financing Infrastructure and Development Bill, 2021:

Finance Minister Nirmala Sitharaman will introduce the National Bank for Financing Infrastructure and Development Bill, 2021 in the Lok Sabha.

  • The bill seeks to establish the National Bank for Financing Infrastructure and Development.
  • Its objective is to support the development of long-term non-recourse infrastructure financing in India including the development of the bonds and derivatives markets necessary for infrastructure financing and to carry on the business of financing infrastructure.

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