Question
What does ‘I’ stands for in
NaBFID?Solution
NaBFID Act may be called the National Bank for Financing Infrastructure and Development Act, 2021. An Act to establish the National Bank for Financing Infrastructure and Development to support the development of long term non-recourse infrastructure financing in India including development of the bonds and derivatives markets necessary for infrastructure financing and to carry on the business of financing infrastructure and for matters connected therewith or incidental thereto
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