Sidbi, on behalf of the government, has floated a request for proposal inviting bids from consultants to help set up a Rs 20,000-crore DFI, called the National Bank for Financing Infrastructure and Development (NaBFID), to catalyse investment in the infrastructure sector.
The Parliament in March cleared National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 to support the development of long-term non-recourse infrastructure financing in India, including the development of the bonds and derivatives markets necessary for infrastructure financing.
The objective of the assignment is to select a management consultant to support in the setting up of an infra Development Finance Institution, as an all-India financial institution.
