&w=3840&q=100)
NaBFID plans to raise up to ₹70,000 crore in FY26 for development push
National Bank for Financing Infrastructure and Development (NaBFID) is looking to borrow — including through market debt and credit lines — up to ₹70,000 crore in the current financial year (FY26), as against just over ₹23,000 crore raised in FY25, both from international and domestic markets.
The current financial year may also see the development finance institution tapping the overseas market for its maiden fundraise through external commercial borrowings (ECBs).
Rajkiran Rai G, its managing director, told Business Standard the government-owned financial institution has so far been using domestic sources. 'Now we plan to visit the international market through external
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Business Standard
21 hours ago
- Business Standard
IndiGo may line up 30-50 ATR 72-600 plane order in Paris Air Show
The Indian carrier, which currently operates a fleet of about 46 ATR 72-600s, had earlier placed an order for 50 such aircraft in 2017 as part of a strategy to expand its regional footprint Deepak Patel New Delhi Listen to This Article IndiGo, India's largest airline, is likely to place an order for 30 to 50 ATR 72-600 turboprop aircraft during the Paris Air Show later this month, people familiar with the matter told Business Standard on Friday. The deal, if finalised with the Franco-Italian aircraft manufacturer ATR, could be valued between $450 million and $750 million, based on an estimated transaction price of around $15 million per aircraft, they said. Discussions between IndiGo and ATR for a new batch of aircraft have been ongoing since last year, the sources said. 'The deal size could be increased from 50 planes to a
&w=3840&q=100)

Business Standard
a day ago
- Business Standard
India's renewable energy capacity in total energy mix rises to 49% in Apr
India's renewable energy share in the total installed power capacity has increased to 49 per cent in April 2025 from 32 per cent in 2014, Union Power Minister Manohar Lal said on Friday. Addressing the Regional Conference for the Northern Region States/UTs in Chandigarh, the minister said states should also work on having an adequate power generation mix, including the addition of nuclear generation capacity while meeting their resource adequacy plan. He also pointed out that states should complete the installation of prepaid smart metres in government establishments and colonies by August 2025 and for all commercial, industrial and high-load consumers by November 2025. States should work towards listing power sector utilities to generate additional resources and improve transparency and governance, the minister noted. "We successfully met a peak demand of 250 GW in May 2024 and India has transformed from power-deficit to a power-sufficient nation and as of today, peak demand shortage is zero," he said. He outlined the importance of continuous cooperation and coordination between central and state governments in achieving the goal of Viksit Bharat by 2047. India's peak electricity demand is projected to reach 446 GW by 2034-35 and meeting this sustainably requires proactive planning and continued coordination between the centre, states, and stakeholders, the minister said. He also advised states to implement Renewable Purchase Obligation (RPO) Guidelines and urged them to form dedicated teams for this critical planning. The minister highlighted the importance of cyber-security measures and islanding schemes as effective measures to prevent power outages due to cyber concerns and enable the resilience of the grid. The meeting was attended by Anil Vij ( Energy Minister, Haryana), Harbhajan Singh ( Power Minister, Punjab), Subodh Uniyal (Forest Minister, Uttarakhand), A K Sharma ( Energy Minister, Uttar Pradesh), Ashish Sood (Power Minister, Delhi), Javed Ahmad Rana (Jal Shakti, Environment & Forest & Tribal Affairs, Jammu & Kashmir) and Heeralal Nagar (Energy Minister of State, Rajasthan). (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
&w=3840&q=100)

Business Standard
a day ago
- Business Standard
Delhi govt to install water ATMs at public spaces through CSR initiative
The Delhi government will launch a pilot project to install 20 water ATMs through Corporate Social Responsibility (CSR) initiative, providing cold drinking water to the public, officials said on Friday. According to officials, observing that there is a scarcity of drinking water facilities at public places like markets, hospitals, metro stations and bus terminals, the decision has been taken to install water ATMs at such locations on a public-private partnership (PPP) mode. According to the Delhi Jal Board's (DJB) plan, the water ATM shall be a standalone unit with water purification and dispensing arrangements. They will be equipped with real-time water quality monitors and a display system. "We plan to provide water ATMs in all government schools and drinking water facilities in other areas across the city," Chief Minister Rekha Gupta said during a public event on Friday. The DJB has invited private companies to set up standalone water ATMs having a minimum capacity of 500 litres, made of stainless steel and equip with a built-in RO system. "Water ATMs should be equipped with provisions for cold water during summer months from March to October. The ATM shall be equipped with a GPS system for showing the real-time location of the ATM," the tender says. To recover the operation and maintenance costs of the drinking water facility, the company would be allowed advertising rights. In April, Water Minister Parvesh Verma announced that the Delhi government would be setting up 5,000 water ATMs across the city. This would include around 3,000 installed by the board through its own funds. DJB maintains a 14,697-kilometer piped network covering 93 per cent of Delhi's population. Water is distributed through underground reservoirs and booster pumping stations. In water-scarce areas, which are situated at the tail end of this network, like JJ clusters and unauthorised colonies, water is supplied through water tankers. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)