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NABFID in final stages of setting up SRO for infrastructure lenders
M
Moneycontrol•06-10-2026, 17:09
NABFID in final stages of setting up SRO for infrastructure lenders
  • •The National Bank for Financing Infrastructure and Development is in the final stages of registering a self-regulatory organisation for infrastructure financiers to represent sector-specific issues before the government and the Reserve Bank of India.
  • •NaBFID recently completed its debut $750 million, 10-year US dollar bond issuance under its $4 billion Global Medium Term Note programme and plans further borrowings through external commercial borrowings and multilateral institutions.
  • •The lender aims to achieve a balanced project-finance portfolio with a 50:50 mix between greenfield and operational projects as it scales its loan book toward Rs 2 trillion by FY27 and Rs 5 trillion by 2030.
  • •Roads and energy continue to dominate the portfolio, while newer sectors such as data centres, healthcare, education, and municipal finance present emerging opportunities.
  • •NaBFID's proposed alternative investment infrastructure fund, NAFINCO, has been registered in GIFT City and is expected to become operational by March-end.

Key Questions Answered

The National Bank for Financing Infrastructure and Development (NaBFID) is in the final stages of registering a self-regulatory organisation (SRO) to represent sector-specific regulatory issues before the government and the RBI.

NaBFID aims for a 50:50 mix between greenfield and operational projects, balancing higher risk-return greenfield assets with lower-risk operational ones. Furthermore, the lender targets a loan book of around Rs 2 trillion by FY27 and Rs 5 trillion by 2030.

NaBFID's proposed alternative investment fund has registered NAFINCO in GIFT City, with key team leadership expected to be in place by December-January. The fund is projected to become operational by March-end, with fundraising starting in the next financial year.

MD Raj Kiran Rai states NABFID is working to establish an SRO for infrastructure lenders