Current Affairs · Banking and Finance
The National Bank for Financing Infrastructure and Development (NaBFID) was established in 2021 as a principal Development Financial Institution (DFI) in India. What is the current ownership status of NaBFID?
- 1Joint venture between RBI and foreign multilateral institutions
- 2Majority owned by private commercial banks
- 3100% Government-owned✓
- 4Public-Private Partnership with minority government stake
Correct answer
100% Government-owned
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