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INDIA AIIB PARTNERSHIP
Nirmala Sitharaman meets AIIB President Zou Jiayi, calls for expanded investment in low-income countriesUnion Finance Minister Nirmala Sitharaman met Zou Jiayi, the new President of the Asian Infrastructure Investment Bank (AIIB), here in the ...
IIFL Home Finance gets $100 million from AIIBIIFL Home Finance has secured USD 100 million from the Asian Infrastructure Investment Bank (AIIB) to boost affordable housing finance for ...
Aditya Birla Capital raises Rs 1,301 cr in debt from AIIB to advance sustainable infra financingAsian Infrastructure Investment Bank has invested in Aditya Birla Capital Limited. The investment is through Non-Convertible Debentures. Th...
India focused on urban infrastructure, e-mobility, and renewable energy for growth: FM SitharamanFinance Minister Nirmala Sitharaman emphasized the need for sustainable infrastructure amid climate change and geopolitical tensions at the...
FM Sitharaman discusses strategic partnership with Uzbekistan Dy PM KhodjaevFinance Minister Nirmala Sitharaman met Uzbekistan Deputy Prime Minister Jamshid Khodjaev to discuss strategic partnerships in various sect...
JBM Ecolife Mobility secures USD 100 mn funding from ADB, AIIB for electric bus expansionJBM Ecolife Mobility has secured USD 100 million in funding from the Asian Development Bank and the Asian Infrastructure Investment Bank. T...
FM suggests AIIB to establish regional presence for effective project managementThe finance minister led a roundtable discussion on the theme ‘AIIB 2030-Supporting Asia’s Development over the Next Decade’, during which ...
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
AIIB approves investing $575 million in suburban railways and Tata CleantechWith this, the Beijing-headquartered developmental bank's overall commitment to the country has gone up to nearly USD 3 billion, making it ...
AIIB to launch local currency financing in India, RussiaHe urged countries to work together on domestic reforms, policy coordination, and holistic thinking about country and regional infrastructu...
India's boycott of BRI not to affect trade ties with China: Indian envoyIndia had also boycotted the first BRF held in 2017. New Delhi's reluctance to join the BRI has become a major irritant in the relations be...
Centre committed to fiscal consolidation; India an investor-friendly economy: Modi at AIIB meetThe Government is firmly committed to the path of fiscal consolidation. Government debt as percentage of GDP is consistently declining, sai...
Integrated Indian market will help attract FDI in South Asia: Asian Development Bank"India has a strong potential, but its markets should be more integrated. The powers of the state governments must be balanced with the cen...
- China-based AIIB no rival, can co-finance infra projects: ADB President
China-headquartered AIIB was formed in 2015 and has 52 members while the Manila-based ADB has 50 years of lending experience and has 67 mem...
World Bank, AIIB sign co-financing framework agreementThe World Bank and the Asian Infrastructure Investment Bank (AIIB) today signed the first co-financing framework agreement paving the way f...
AIIB to become operational this month, to boost infra fundingInfrastructure financial institution Asian Infrastructure Investment Bank (AIIB), in which India is a founder member along with 56 other co...
New Development Bank's first loan will be in Chinese currency:KV KamathThe NDB will have an initial authorised capital of $100 billion and initial subscribed capital of $50 billion equally shared among the five...
BRICS bank opens for business in ChinaThe opening -- announced in a short despatch -- comes two weeks after a BRICS summit hosted by Russian President Vladimir Putin.
BRICS bank, AIIB to break IMF, World Bank monopoly: China think tankA characteristic of the BRICS summit at Ufa was economic and trade cooperation, especially the collaboration of development strategy among ...
Xi Jinping's visit should mark new era in Indo-China relationsAs a goodwill gesture, Xi could be invited to address a joint session of the Indian Parliament.