Infrastructural development in the country will accelerate; Grand inauguration of ‘IID’ institute in Mumbai, major partnership for banking sector

• The development of infrastructure in the country will be accelerated
• Grand inauguration of ‘IID’ Institute in Mumbai,
• A major partnership for the banking sector

Mumbai, 05 June 2026 – National Bank for Financing Infrastructure and Development has announced the establishment of Institute for Infrastructure Development (IID-Institute for Infrastructure Development). It is a dedicated organization that will act as a comprehensive hub for knowledge expansion, capacity building and skill development in the world of infrastructure financing.

The institute was inaugurated by Mrs. Monisha Chakraborty, Chief General Manager (in-charge) of Supervision Department of Reserve Bank of India (RBI) in the presence of senior officers of IID. Solving the problem related to credit provision in the infrastructure sector is the main concept behind the establishment of ‘IID’. The organization emphasizes the critical need for a systematic organizational mechanism to impart specialized knowledge to infrastructure stakeholders, enhance their technical capacity and adopt standardized best practices. The establishment of ‘IID’ in Mumbai was led by the CHRO of ‘National Bank for Financing Infrastructure and Development’ Shri. Done by Sanjeev Vaid.

The institute has partnered with ‘National Institute of Bank Management’ (NIBM) to launch its first program on project and infrastructure finance. The week-long program will cover other important aspects such as evaluation of the institution, financial viability, environmental aspects, sector-specific financial evaluation and post-disbursement monitoring/monitoring. 47 experts from various banks and infrastructure financing institutions participated in this inaugural event. In the future, the institute will launch special courses to strengthen the institutional capacity of state authorities and civic local bodies. The course will focus on project reporting, financial structuring, regulatory compliance and coordination with investors.

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Managing Director of National Bank for Financing Infrastructure and Development Shri. Rajkiran Rai G. said, “The launch of the Institute for Infrastructure Development is a significant step towards strengthening India’s infrastructure financing ecosystem. We aim to empower stakeholders to drive sustainable and efficient development of infrastructure while building a systematic platform for knowledge and skill development. I sincerely thank the National Institute of Bank Management (NIBM) for their invaluable efforts in successfully organizing this inaugural event of the Institute. Institute for Our mission is to establish infrastructure development as a center of excellence and it will certainly build capacity, enhance efficiency and promote thought leadership in the infrastructure sector.”

Mrs. Monisha Chakraborty, Chief General Manager (In-Charge), Supervision Department, Reserve Bank of India said, “Infrastructure financing is the bedrock of India’s development and this institute has been launched at a crucial moment. By bringing together experts from financial institutions, academia and industry, this institute will create a comprehensive platform for education, knowledge sharing and collaboration. Through this institute, best practices will be strengthened, technical capabilities will be continuously improved and infrastructure will be strengthened. The economy of finance will become even more powerful.”

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