19 Sep 2025 | 5 Mins Read

NaBFID needs ambitious projects for funding approval

Flipitmoney

M Nagaraju, secretary for the department of financial services, stated that the NaBFID needs to enhance expertise and build systems to make infrastructure initiatives bankable and commercially viable. He emphasized the need for NaBFID to develop deep expertise in priority sectors like urban infrastructure and water, and create a long-term pipeline for commercial banks and investors.