Centre may revive NaBFID-IIFCL merger plan after REC-PFC move to build infra financing giant

Mint has reported a new India-focused economy development: “Centre may revive NaBFID-IIFCL merger plan after REC-PFC move to build infra financing giant.” The publisher's feed describes the story as follows: The creation of NaBFID in 2021 came with the ambition to merge it with its older cousin IIFCL, but the plan never took off. Momentum from the ongoing merger of REC and PFC has given the plan a new life. The idea is to create a stronger DFI that can aid India's rapidly growing infra financin
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