**Summary:**
On September 11, 2025, a meeting was convened and chaired by Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), Ministry of Finance, to address financing challenges within the infrastructure sector. Attendees included senior management representatives from major Public Sector Banks, Private Sector Banks, Development Financial Institutions, and NBFC-IFCs. Key discussion points encompassed gaps in financing availability, obstacles to municipal bond issuance, the need for enhanced capacity building training, and improved data availability regarding defaults and recoveries. Various measures and recommendations were proposed. The National Bank for Financing Infrastructure and Development (NBFID) is tasked with consulting relevant stakeholders and submitting a comprehensive report to the DFS within 15 days.
Key Entities Referenced
Ministry of Finance: The ministry responsible for financial matters in the Government of India.
Department of Financial Services (DFS): A department within the Ministry of Finance.
Shri M. Nagaraju: Secretary, Department of Financial Services (DFS).
Infrastructure Sector: The sector focused on the development of basic physical and organizational structures needed for the operation of a society or enterprise.
Public Sector Banks: Banks in which the government has a major stake.
Private Sector Banks: Banks in which the majority of stake is held by private individuals or companies.
Development Financial Institutions: Financial institutions that provide long-term capital for projects promoting economic development.
NBFCIFCs: Non-Banking Financial Company - Infrastructure Finance Companies
Municipal bonds: Debt securities issued by cities, counties, or states to finance public projects.
National Bank for Financing Infrastructure and Development (NBFID): A development finance institution (DFI) in India set up to support the development of infrastructure.
Delhi: National Capital Territory of Delhi, India
Ministry of Finance
Secretary, DFS chairs meeting to discuss issues
related to financing in Infrastructure Sector
Posted On: 11 SEP 2025 5:17PM by PIB Delhi
Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), chaired a meeting today to discuss
issues related to financing in Infrastructure Sector. The meeting was attended by senior management of major
Public Sector Banks, Private Sector Banks, Development Financial Institutions and NBFC-IFCs.
Some of the key issues discussed were gap in availability of financing, barriers to issue of Municipal bonds,
enhancing capacity building & training and better availability of data on defaults and recoveries. Various
measures/recommendations were put forward on issues related to financing in Infrastructure Sector.
It was agreed that National Bank for Financing Infrastructure and Development will be consulting all
concerned stakeholders and submit a report to the Department of Financial Services within 15 days.
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NB/AD
(Release ID: 2165719)