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NaBFID plans debut global fundraise of up to $1 bn

June 20, 2025

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Financial Express Mumbai

NATIONAL BANK FOR Financing Infrastructure and Development (NaBFID) is considering raising up to $1 billion in its debut overseas borrowing this fiscal year, as it looks to diversify funding sources, a senior official said on Thursday.

- SIDDHI NAYAK & DHARAMRAJ DHUTIA

The state-run infrastructure lender could raise funds through external commercial borrowings or dollar bonds, "depending on interest rate conditions", managing director Rajkiran Rai G said in an interview.

"We are looking to tap the overseas market...for the first time in FY26 simply to expand our borrowing sources."

المزيد من القصص من Financial Express Mumbai

Financial Express Mumbai

BJP has edge in Bengal, Assam; UDF in Kerala; Stalin return projected

MOST EXIT POLLS on Wednesday predicted a tight contest in West Bengal with the BJP having an edge, and the party's return to power in Assam.

time to read

2 mins

April 30, 2026

Financial Express Mumbai

Apr-Feb pulses imports fall 35% on robust crop, stocks

AFTER SETTING A record in FY25, India’s pulses imports dropped sharply last fiscal year, trade sources said, citing adequate carry forward stocks and robust domestic crop production.

time to read

1 mins

April 30, 2026

Financial Express Mumbai

EU eases energy subsidy rules

FOR FIRMS HIT BY IRAN WAR FUEL, FERTILISER PRICE SPIKES

time to read

1 min

April 30, 2026

Financial Express Mumbai

Rajiv Bajaj to step down from Bajaj Finance board

Rajiv Bajaj to step down from Bajaj Finance board

time to read

1 mins

April 30, 2026

Financial Express Mumbai

Ethanol road map: Govt proposes E85, E100 fuels

THE CENTRE HAS proposed allowing higher ethanol blends in petrol, including E85 and E100, through changes to the Central Motor Vehicles Rules, marking the next step in the country's biofuel roadmap beyond the ongoing rollout of E20 fuel.

time to read

2 mins

April 30, 2026

Financial Express Mumbai

Mythos testing: Govt bars banks

Stance may be reviewed after US sandbox results on frontier Al model

time to read

2 mins

April 30, 2026

Financial Express Mumbai

Energy subsidy burden jumps 40% to ₹4.38 lakh cr in FY25

INDIA'S ENERGY SUBSIDY bill has jumped 40% in five years to ₹4.38 lakh crore in FY25, with the ongoing West Asia conflict-linked fuel shock threatening to push LPG under-recoveries beyond ₹60,000 crore and sharpen fiscal stress for the government and oil marketing companies.

time to read

2 mins

April 30, 2026

Financial Express Mumbai

Aim to bring net NPA below 1% in two years: Capital SFB

CAPITAL SMALL FINANCE Bank aims to bring down the net nonperforming asset ratio (NNPA) to below 1% over the next two years through strengthened recovery, Executive Director Munish Jain told FE in an interaction on Wednesday.

time to read

1 min

April 30, 2026

Financial Express Mumbai

Credit, deposit growth falls

BANK CREDIT GROWTH moderated to 15% on year from 16.1% growth seen a fortnight ago, according to Reserve Bank of India (RBI) data released on Wednesday.

time to read

1 min

April 30, 2026

Financial Express Mumbai

Force Motors posts 51% rise in FY26 net profit

FORCE MOTORS REPORTED a 13% year-on-year increase in standalone revenue to 9,167 crore in FY26, while profit before tax rose 55% to ₹1,304 crore and net profit grew 51% to ₹1,211 crore, marking its strongest full-year performance to date.

time to read

1 min

April 30, 2026

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