New Delhi, Aug. 5 -- The National Bank for Financing Infrastructure and Development (NaBFID) is preparing to roll out a key credit enhancement facility by early next month, after the Reserve Bank of India releases the final guidelines on the framework, a senior official told Mint.
The move, under which lenders will offer enhanced guarantees on bonds issued by infrastructure companies and special purpose vehicles, follows an announcement in the FY26 Union Budget authorising NaBFID to offer Partial Credit Enhancement (PCE). The facility is designed to improve the credit ratings of such bonds, making them more attractive to investors.
However, its rollout is contingent on the RBI releasing the final framework for regulated entities such as...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.