RBI raises NBFC-IFC lending limit to 45% to unlock infrastructure project funding

The Reserve Bank of India raised the Large Exposure Limit for Upper Layer NBFC-Infrastructure Finance Companies from 35% to 45% of eligible capital base. The move targets India's largest, most capitalized infrastructure lenders—those with over ₹1 lakh crore in assets.

Mega-projects like national highways, ports, and green energy grids require capital at scale. The previous 35% cap forced infrastructure conglomerates to cobble together funding from multiple lenders, slowing approvals and deployment.