Full Name
|
National Investment and Infrastructure Fund |
National Bank for Financing Infrastructure and Development |
Established
|
2015 |
2021 |
Type
|
Government-sponsored equity fund |
Government-backed development finance institution (DFI) |
Primary Role
|
Invests in infrastructure via equity and fund management |
Provides long-term debt financing for infra projects |
Ownership
|
49% owned by GoI, rest by global/institutional investors |
100% owned by GoI (initially), will eventually attract investors |
Structure
|
Operates multiple funds (Master Fund, Fund of Funds, etc.) |
Functions as a financial institution (like a development bank) |
Regulator
|
Not regulated by RBI (acts more like a fund manager) |
Regulated by RBI as an All-India Financial Institution |
Focus Areas
|
Ports, roads, renewables, logistics, etc. (via equity) |
Roads, rail, energy, social infra, etc. (via debt/lending) |
Capital Deployment
|
Invests in projects/companies and partners with PE firms |
Lends directly to infra projects with long tenures |
Notable Partnerships
|
Abu Dhabi Investment Authority, Temasek, CPPIB, etc. |
MoUs with New Development Bank and other DFIs |
Comments
Write Comment