Nabfid and Nabard set to raise $1 billion in external borrowings this fiscal year
Published on: Aug. 27, 2025, 5:54 a.m. | Source: The Economic Times
Nabfid plans to raise up to $1 billion through bonds and external commercial borrowings (ECB) this fiscal year, according to Managing Director Rajkiran Rai. Nabard also intends to issue its maiden ECB in FY26, having secured permission from the Reserve Bank of India, as stated by Chairman Shaji K V. Both institutions aim to bolster infrastructure and rural development funding.
