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:
Nicknames often reflect a person's talent and personality in a special way. In the world…
Infosys has signed the multi year partnership with Carlos Alcaraz and appointed him as the…
To strengthening the defense capabilities of India Hindustan Aeronautics Limited (HAL) and GE Aerospace signed…
To become the global semiconductor hub India have taken the strategic step. As the government…
Puducherry is a beautiful coastal city in India, located along the Bay of Bengal. It…
Bank of Baroda have partnered with Reliance Jio to bring the mobile banking services to…