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NaBFID and NDB Sign MoU to Boost Infrastructure Financing in India.

Banking & Finance | Dated: 12 Apr 2025

In April 2025, Mumbai (Maharashtra)-based National Bank for Financing Infrastructure and Development (NaBFID), India's leading Development Financial Institution (DFI), signed a Memorandum of Understanding (MoU) with Shanghai (China)-based New Development Bank (NDB) to foster a strategic partnership for infrastructure financing and development in India.

🎯 Key Highlights:

  • - The collaboration aims to establish a robust and sustainable infrastructure financing market in India and develop a supportive ecosystem to enhance its growth.
  • - The MoU focuses on Clean Energy, with joint efforts in renewable energy projects, sustainable water management, and sewage management initiatives, alongside Transportation, which aims at developing eco-friendly urban mobility solutions.

💡 Other Important Facts:

  • (i) The MoU outlines initiatives for joint seminars, workshops, and research to build institutional capabilities.
  • (ii) NaBFID and NDB will work together on research and capacity-building initiatives to promote knowledge sharing and strengthen institutional capabilities in infrastructure financing.
  • (iii) The New Development Bank (NDB), established in 2015 by the BRICS nations (Brazil, Russia, India, China, and South Africa), supports infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs).

📚 Test Your Knowledge:

Which organization signed an MoU with NDB to enhance infrastructure financing in India?

Correct Answer: NaBFID

🚀 Quick Recap: