The government of India has appointed K V Kamath as chairperson of the National Bank for Financing Infrastructure and Development (NaBFID). He is a well-known banker in India and is the first head of the New Development Bank (NDB). NaBFID is a newly set up development financial institution (DFIs) in India. It has been set up for infrastructure financing as per the National Bank for Financing Infrastructure and Development (NaBFID) Act 2021. The authorized share capital of the NaBFID is Rs one lakh crore. The initial paid-up capital of NaBFID is Rs 20,000 crore.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Important takeaways for all competitive exams:
Weekly Current Affairs One-Liners Current Affairs 2025 plays a very important role in competitive examinations…
The Ministry of Electronics and Information Technology (MeitY) has launched ‘PARAM SHAKTI’, a powerful new…
Akasa Air, India’s youngest airline founded in 2020, has become a member of the International…
The Government of India focuses strongly on the welfare and empowerment of women and children.…
The 53rd edition of the New Delhi World Book Fair (NDWBF) 2026 will be held…
The 98th Academy Awards, also known as Oscars 2026, have recognized five Indian films as…