India infra lender targets $4bn in dollar funding by December, exec says
MUMBAI: India’s National Bank for Financing Infrastructure and Development (NaBFID) is targeting a total dollar-fundraise of about $4 billion by December through loans and bonds under the Reserve Bank of India’s discounted hedging facility, its chief said on Thursday. The state-run infrastructure financier aims to raise as much as $1 billion through its maiden bond issue with a 10-year maturity,…
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