FM seeks AIIB help for next gen reformsIndian Finance Minister Nirmala Sitharaman urged the Asian Infrastructure Investment Bank (AIIB) to expand its investments in key areas lik...
11 Nov, 2024, 11.46 PM IST
India becomes AIIB's top market for funding infrastructure projectsFormed in December 2015, the AIIB has to date funded sovereign Indian infrastructure projects to the tune of USD 10 billion.
25 Oct, 2023, 03.20 PM IST
ADB, AIIB processing $2 billion loan for India to buy COVID-19 vaccinesOf the USD 2 billion loan, the Manila-based ADB is expected to finance USD 1.5 billion and AIIB is considering providing USD 500 million, A...
27 Oct, 2021, 05.58 PM IST
AIIB to support India in improving healthcare infrastructureIn terms of climate financing, the bank said it currently expects to approve $50 billion in climate finance-related projects by 2030, a fou...
26 Oct, 2021, 08.04 PM IST
AIIB plans $2.5 billion investment in India’s metro, road projectsAIIB may invest $400 million each in the two metro projects. In Bangalore, it has decided to invest $350 million. AIIB is in advanced talks...
20 Nov, 2019, 08.06 AM IST
AIIB plans to invest upto $2.5 bn in urban transport projectsAIIB is in advanced talks with different nodal agencies, including Chennai Metro Rail and the Mumbai Metro Rail Corp, two people with direc...
19 Nov, 2019, 10.14 PM IST
Asian Infra Bank to invest $575 million in suburban rlys, clean energyThe loan from Asian Infra Investment Bank is priced at 140 bp more than LIBOR with a tenor of 20-25 years
16 Nov, 2019, 08.42 AM IST
India to be first recipient of AIIB local currency fundingAIIB president Jin Liqun had on Friday announced the bank’s intention to roll out local currency financing to provide more options to borro...
16 Jul, 2019, 11.25 PM IST
China led AIIB could overtake ADB as major financier of infra projects:ExpertsCurrently, India has 7.65 per cent vote share in the AIIB while China holds a whopping 26.63 per cent stake in the organisation that uses E...
13 Jun, 2019, 05.47 PM IST
India biggest commitment for AIIB: officialYee Ean Pang, AIIB's Director General for Investment Operations Department, also underlined the multi-lateral bank's focus in India on deve...
01 Nov, 2018, 02.11 PM IST
CPEC encroachment on India's sovereignty not acceptable: Senior official"We have to keep making them aware that this is a sensitive issue...there are sensitivities and you can't be insensitive to somebody's core...
27 Jun, 2018, 01.06 PM IST
AIIB funds for OBOR projects:Government refuses to spell out stanceIndia, the second largest shareholder of AIIB with an 8 per cent stake, has been opposed to the OBOR, which is building transcontinental ro...
24 Jun, 2018, 07.59 PM IST
AIIB to fund additional projects ahead of Lok Sabha pollsThe country, the second largest shareholder in the Beijing-headquartered lender, is already the largest borrower accounting for commitments...
22 Jun, 2018, 08.33 AM IST
AIIB can contribute about 20% in NIIF: Jin LiqunAs you may have noticed, AIIB has over the last two years provided substantial amount to India. The country is now the biggest borrower of ...
28 Feb, 2018, 07.28 AM IST
AIIB may invest $200 mn in India's sovereign wealth fundThe Beijing-based bank has committed over USD 1 billion in five infrastructure projects in India and proposes to take up 12 more, envisagin...
27 Feb, 2018, 07.42 PM IST
AIIB grants $ 160 million for Andhra Pradesh power projectAIIB in which India is the second largest shareholder has approved the project with the objective to strengthen the power transmission and ...
03 May, 2017, 12.25 PM IST
India preparing projects worth $2-3 billio for funding by AIIB: Arun JaitleyIn his address, Jaitley said the AIIB has come up amidst huge expectations in a difficult time for the global economy.
26 Jun, 2016, 01.16 PM IST