Such standalone entities, unlike global financial heavyweights familiar with India’s capital markets and its regulatory environment, believe the burden of regulatory compliance might outweigh the rewards. If they come to India, they will have to first register as an FPI, a process that itself takes about three to six months.
NaBFID eyes tieups with multilateral funding agencies
The National Bank for Financing Infrastructure and Development (NaBFID) plans to partner with multilateral funding agencies for blended finance to boost sustainable urban infrastructure development