Archive · 18 Aug 2025

NaBFID Sanctions Loans, Cyber Incidents Rise, and Housing Fund Updates

NaBFID Sanctions Loans, Cyber Incidents Rise, and Housing Fund Updates

The National Bank for Financing Infrastructure and Development (NaBFID) has given out a lot of money, about ₹2.3 lakh crore, to help build 232 infrastructure projects.

A big chunk of this, ₹1.74 lakh crore, is for long-term projects that will take over 15 years.

NaBFID was created in 2021 to support infrastructure development.

Meanwhile, banks are reporting more cyber attacks, costing more money than before.

Also, a fund called SWAMIH is helping to fund 127 housing projects.

Sources