New Delhi, April 10 -- Development Financial Institution, the National Bank for Financing Infrastructure and Development (NaBFID), on Thursday said it has signed a MoU with the New Development Bank (NDB) to establish a strategic framework for cooperation in areas of mutual interest, which includes creating a deep and sustainable infrastructure financing market and developing a supportive ecosystem around it. The New Development Bank (NDB) is a multilateral development bank established by Brazil, Russia, India, China and South Africa (BRICS) with the purpose of mobilising resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs). This collaboration will help bridge the infrastructu...