The Centre and the board of the National Bank for Financing Infrastructure and Development (NaBFID) has appointed Rajkiran Rai G as its managing director (MD) for the next five years. The board of NaBFID approved Rai’s appointment on July 30 based on clearance by the RBI, centre and the Development finance institutions (DFI) nomination and remuneration committee. He took charge as the DFI’s MD on August 8, and will hold the top post till May 18, 2027, according to details of the appointment.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Last year in October 2021, the Centre had appointed K V Kamath as chairperson of NaBFID. Subsequently, government nominees Pankaj Jain and Sumita Dawra were appointed directors to the board of DFI. The government has already infused Rs 20,000 crore into NaBFID to help the DFI start its operations to catalyse investment in the infrastructure sector.
On Day 10, India secure yet another successful medal haul at the Asian Games 2026…
Gold for India in women’s 4x400m relay at the 2026 Asian Games came through Vithya…
The scientists at the Institute of Advanced Virology (IAV) in Kerala have created the Dengue…
PRAMAAN certificates have been presented by Union Minister of Environment, Forest and Climate Change Bhupender…
India Energy Week (IEW) 2027 will take place in Kolkata between January 28 to 31,…
Indian athlete Neeru Dhanda took home the women’s individual trap gold at the Asian Games…