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NaBFID Plans Debut Overseas Fund Raise of Up to $1 Billion
Hindustan Times Jammu
|June 20, 2025
India's National Bank for Financing Infrastructure and Development 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.
MUMBAI:
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."
Prime Minister Narendra Modi-led government has made infrastructure a cornerstone of its economic strategy.
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