Daily Current Affairs July 11 2023 | Latest News
CURRENT AFFAIRS : BANKING & FINANCE
National Housing Bank operationalises ₹10,000-crore Urban Infrastructure Development Fund
- The National Housing Bank (NHB) has operationalised the ₹10,000-crore Urban Infrastructure Development Fund (UIDF) announced in this year’s Budget for the creation of urban infrastructure in tier-2 and tier-3 cities.
- UIDF has been launched to supplement the efforts of the State governments by providing a stable and predictable source of finance for the creation of urban infrastructure in tier-2 and tier-3 cities.
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