India’s Infra Lender NaBFID Plans $500 Million Equity Fund

India’s Infra Lender NaBFID Plans $500 Million Equity Fund

India’s National Bank for Financing Infrastructure and Development (NaBFID) is planning to raise about $500 million to create its first equity-focused fund, according to people familiar with the matter, bolstering its capacity to support infrastructure projects in the world’s fastest-growing major economy.

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