# NaBFID plans $3-4 billion ECB raise for infrastructure push 2026-08-13T07:17:48+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet The National Bank for Financing Infrastructure and Development (NaBFID) plans to raise $3-4 billion through external commercial borrowings, its managing director Rajkiran Rai G said on Wednesday at the FIBAC 2026 event. The lender has already secured $850 million and is considering a bond issuance of $500 million to $1 billion with a 10-year tenure, likely by end-September. India must double annual infrastructure spending to Rs 40 lakh crore from the current Rs 20 lakh crore to sustain 9% growth and achieve a $30 trillion economy, Rai warned. He pointed to a growing pool of domestic long-term savings, assets under management of pension, insurance and provident funds at Rs 125 lakh crore, which could help meet the funding need. ## Coverage - thehindubusinessline.com Tags: bond issuance, domestic savings, ECB, economic growth, infrastructure investment, NaBFID Canonical: https://indianopinion.org/nabfid-plans-3-4-billion-ecb-raise-for-infrastructure-push/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/nabfid-plans-3-4-billion-ecb-raise-for-infrastructure-push/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.