NaBFID, state-backed infra lender, plans 530 billion rupees debt raise in FY25, says official

The Indian government-backed NaBFID aims to raise 530 billion rupees from the debt market this fiscal year. The bank has already raised 90 billion rupees and sanctioned 200 billion rupees of its target for the year. NaBFID's managing director is confident of meeting targets despite potential regulatory changes by the Reserve Bank of India.
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