Finmin to start appointing process of MD, DMDs of Rs 20K-cr NaBFID

The finance ministry will soon start the process for the appointment of Managing Director (MD) and deputy managing directors (DMDs) of the newly set up Rs 20,000 crore development finance institution NaBFID, to catalyse investment in the fund-starved infrastructure sector

migrator

Published:8th Nov, 2021 at 8:57 AM

New Delhi

Last month, the government appointed veteran banker KV Kamath as the chairperson of the National Bank for Financing Infrastructure and Development (NaBFID) for three years.

According to sources, the finance ministry will soon intimate the Banks Board Bureau (BBB) about the appointment of MD and DMDs of NaBFID.

The Bureau will issue advertisements and undertake a selection process, sources said.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Finmin to start appointing process of MD, DMDs of Rs 20K-cr NaBFID

The finance ministry will soon start the process for the appointment of Managing Director (MD) and deputy managing directors (DMDs) of the newly set up Rs 20,000 crore development finance institution NaBFID, to catalyse investment in the fund-starved infrastructure sector

Also Read

Aryan-Dravidian divide a myth, says TN Guv Ravi at civilisation conference

No warmth for EPS, no TVK call: Dhinakaran in political limbo

CMRL signs contract worth over Rs 435 crore for integrated development at 3 stations

First reservation chart to be released 10 hours in advance; Aadhar-authenticated booking time extended: Railway Board

Tamil Nadu Government shielding illegal quarries: Anbumani