# NaBFID plans $3-4 billion overseas borrowing for infrastructure

2026-08-12T18:41:11+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

The National Bank for Financing Infrastructure and Development (NaBFID) plans to raise $3-4 billion through external commercial borrowings, including loans and bonds, managing director Rajkiran Rai G said. The lender has already raised $850 million. It is planning a bond issue of $500 million to $1 billion with a 10-year maturity, possibly by end-September. NaBFID is also working on a $1 billion multilateral-guaranteed loan expected in October. The borrowing follows the Reserve Bank of India offering a concessional hedging window for ECBs. NaBFID targets a loan book exceeding Rs 2 lakh crore by March.

## Coverage

- bfsi.economictimes.indiatimes.com <https://bfsi.economictimes.indiatimes.com/articles/nabfid-plans-to-raise-usd-3-4-billion-through-ecb-window-including-loans-and-bonds-rajkiran-rai-g/133185560>
- livemint.com <https://www.livemint.com/industry/banking/nabfid-plans-up-to-4-billion-in-overseas-borrowing-under-rbi-hedging-window-11786545627703.html>

Tags: bonds, ECB, fundraising, infrastructure, NaBFID, Rajkiran Rai G
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