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Maharashtra cabinet clears proposal to avail USD 50 cr AIIB loan for rural roads scheme under Gram Sadak YojanaMaharashtra's cabinet has approved a USD 50 crore loan from the Asian Infrastructure Investment Bank for rural road development on Tuesday....- Manipur to cut VIP convoy size, curb spending amid global challengesManipur's cabinet has embraced Prime Minister's appeal for austerity. Measures include reducing VIP convoys and freezing foreign travel. Th...
- NPS gets new investment option: Pension body allows NPS funds to invest in these rupee bondsThe PFRDA has updated NPS investment guidelines, effective May 13, 2026, to include rupee-denominated bonds issued by the New Development B...
- 'BRICS bank off to a good start in India, states seeking project funds'The absence of a country strategy poses challenges to project performance, Muthoo said in an interview with ET, even after expressing satis...
- Egypt joins BRICS bank as new member weeks after President Sisi's India visitDays after El-Sisi visited India for the Republic Day celebrations, the Egyptian Parliament endorsed the agreement that allowed the country...
- BRICS bank to open India's regional office in GIFT City in GujaratWorking in close coordination with the NDB Headquarters, the Indian Regional Office will focus on project origination including initial pro...
- India's economic growth likely to be robust at 8.9% in current fiscal: FM at NDBAddressing the 7th Annual Meeting of the Board of Governors of New Development Bank (NDB) via video conferencing, she underscored the impor...
- NDB first multilateral agency to open office in Gift CityThe Indian office will help identify suitable projects and try to create a pipeline of potential financing for the bank. Kishora said NDB a...
- India welcomes Egypt as member of New Development Bank of BRICSA statement by the bank said its membership expansion is in line with its strategy to become the premier development institution for emergi...
- India's quick response to COVID, vaccination drive resulting in 'V-shape-recovery': FM SitharamanShe further stressed the need for NDB to maintain and improve upon the ratings assigned by international rating agencies through adequate c...
- Prime Minister Narendra Modi invites Bangladesh to join the BRICS BankBangladesh Prime Minister Sheikh Hasina has expressed her interest in being a part of the initiative, Indian High Commissioner to Dhaka Vik...
- BRICS' NDB approves loans for Mumbai Metro, Delhi-Ghaziabad-Meerut RRTSThe USD 241 million loan for the Mumbai Metro Rail II Project will be used for the purpose of implementing a metro rail Line 6 with a lengt...
- Xi Jinping asks Business Council, NDB to ensure more BRICS cooperationAs the BRICS leaders have agreed to work for the next "golden decade" of cooperation, the Business Council and the NDB should make use of t...
- NDB approves $1.4 bn loan for projects in India, China, RussiaThe Board of Directors of the Bank have approved four infrastructure and sustainable development projects in the three countries, an NDB pr...
- Arun Jaitley, K V Kamath discuss NDB's India operations, project pipelineThe NDB is also planning to raise up to $ 500 mn through 'masala bonds' and increase its exposure to infrastructure projects in India to ar...
- NDB plans $500 mn Masala Bonds, hike lending to India: KV KamathKV Kamath, the first head of the Shanghai-based multilateral lending institution, is here in connection with the second annual meeting of t...
- NDB to double lending every year; staff count to increase: KV KamathThe purpose of the NDB is to mobilise resources for infrastructure and sustainable development projects in BRICS and other emerging economi...
- BRICS nations establishing themselves as economic force: KV KamathIn the first decade of its existence, BRICS moved forward on the economic front establishing NDB, which was established with initial subscr...
- BRICS bank grants $350 million loan for MP road projectUnder the framework of Putian Pinghai Bay Offshore Wind Power Project, the NDB will provide China with a sovereign project loan.
- Not here to compete with IMF, World Bank: NDB chief KV KamathKamath denied the NDB was being propped by Russia or China, saying all member nations had equal say in the functioning of the bank.
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