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NABARD and NaBFID signed a Memorandum of Understanding in Mumbai on 26 August 2026 to jointly finance infrastructure with rural linkages, public-private partnership projects and agricultural value chains.
The two institutions will work together on project identification, appraisal, credit structuring, debt syndication, joint monitoring and capacity building.
Sectors covered include irrigation, water and sanitation, post-harvest storage, cold chains, terminal markets, rural roads and bridges, warehousing and compressed biogas.
NABARD, set up in 1982 under an Act of 1981, is India's apex development finance institution for agriculture and rural development.
NaBFID, established under an Act of 2021, is the country's dedicated development financial institution for infrastructure financing.
Apex development finance institution for agriculture and rural development; refinances rural lending, runs the Rural Infrastructure Development Fund and supervises cooperative and regional rural banks
Development financial institution created to provide long-tenor infrastructure finance and to deepen the bond and derivatives market for infrastructure
General Awareness > Financial institutions, development banks and MoUs
General Awareness > Economy and Institutions
General Awareness > Current Affairs
GS Paper III > Indian economy - resource mobilisation, infrastructure and agriculture
With reference to 'National Investment and Infrastructure Fund', which of the following statements is/are correct? 1. It is an organ of NITI Aayog. 2. It has a corpus of ₹4,00,000 crore at present. Select the correct answer using the code given below:
Answer: Neither 1 nor 2
According to the Indian Railways (2019-2020), which state has the largest railway track in India?
Answer: Uttar Pradesh
An institution set up to provide long-tenor finance for sectors that commercial banks find difficult to fund because of the maturity mismatch involved.
Arranging a loan jointly funded by several lenders, used when a single institution cannot or will not carry the whole exposure.
A project whose cash flows, risk allocation and documentation are sound enough for a lender to finance it on commercial terms.
A temperature-controlled storage and transport network for perishable produce, central to reducing post-harvest losses.