Former finance secy Pandey appointed vice-president at AIIBAjay Bhushan Prasad Pandey, former finance secretary of India, has been appointed as the vice-president of the Asian Infrastructure Investm...
Ex-RBI Governor Urjit Patel appointed Vice President of AIIBIndia is a founding member of the Asian Infrastructure Investment Bank (AIIB) with the second highest voting share after China. It is heade...
AIIB grants $356.67 mn loan for Chennai Metro; bank's total India funding rises to $6.7 bnWith this loan, the bank has so far approved 28 projects in India amounting a total of USD 6.7 billion, said AIIB Vice President for Invest...
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 ...
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...
L&T Finance arm gets $100m from AIIB for green energy fundingThis deal with the arm of L&T Finance Holdings marks the bank's first loan to a non-banking finance company.
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...
AIIB, ADB approves $100 million loan for India's power sectorIn September, ADB chief economist Yasuyuki Sawada said the two banks could cooperate to meet Asia's huge infrastructure investment needs.
India signs USD 329 million loan pact with AIIB for Gujarat road project"The project will also benefit the service providers such as public transport operators, educational institutions, hospitals, local markets...
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 ...
India may seek Asian Infrastructure Investment Bank funding for PM Narendra Modi’s pet projectsOfficials said Modi, who met AIIB president Jin Liqun in Delhi last month, has asked senior officials to approach the institution for loans.
AIIB negotiators endorse ex-Chinese FM as first presidentJin Liqun has been unanimously endorsed as the official candidate for the AIIB president by the founding member nations taking another step...
No plans for AIIB branches abroad: Chinese officialThe AIIB is the first Asian bank to have a new banking system that is independent of the dominance of founding member-states of the interna...
Founding members of China floated AIIB meet to finalise rulesAsian Development Bank estimated Asia needs about $ 8 trillion investment by 2020 to improve the region's battered infrastructure to keep i...
Indian likely to get VP's post in China floated AIIBChief negotiators of the countries would hold a key meeting next week to begin consultations to finalise the format of the AIIB's functioni...
IMF chief Christine Lagarde hails AIIB as US mellows down criticismLagarde hailed efforts to reform in areas including combating corruption, controlling pollution and "clearing the path to even more engagem...