Current Affairs · Banking and Finance
Consider the following statements regarding the National Bank for Financing Infrastructure and Development (NaBFID) and its Credit Enhancement Facility: 1. NaBFID actively proposed enhancing credit support frameworks to deepen the infrastructure bond market. 2. Increasing credit enhancement limits enables lower-rated infrastructure projects to secure institutional capital at better credit ratings. 3. The primary objective is to facilitate long-term bond financing for infrastructure, reducing over-reliance on traditional commercial bank loans. Which of the statements given above are correct?
- 11 and 3 only
- 22 and 3 only
- 31 and 2 only
- 41, 2, and 3✓
Correct answer
1, 2, and 3
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