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SETTING UP THE AIIB
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 ...- FM urges AIIB to scale up investment in renewal energy, smart technologies"While appreciating AIIB's growing portfolio in India, FM Smt.@nsitharaman suggested that @AIIB_Official should scale-up #investments and m...
- Multilateral development banks should intensify pvt capital mobilisation for inclusive, green growth: SitharamanAssuring India's cooperation and support to the AIIB for its future endeavours, she urged the Beijing-based lender to set up a Resident Boa...
- 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...
- AIIB in discussion with India for financing of ambitious $8-billion health infrastructure scheme"The Government of India has discussed about its ambitious scheme of strengthening the health infrastructure. It entails building health in...
- 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 ...
- AIIB to invest $200 million into an NIIF fund of fundsSC Garg said there will be a leverage of 10-12 times on the original investment, which can result in up to USD 2.4 billion flowing into inf...
- 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...
- 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.
- India preparing projects worth $2-3 billion for funding by AIIB: FM Arun JaitleyWhile the Beijing-based AIIB is headed by former Assistant Chinese FM, Jin Liqun, D J Pandian from India is the Vice President and Chief In...
- Arun Jaitley to attend first AIIB annual meeting at BeijingJaitley will participate in the AIIB meeting the next day. He will also address a session on 'Infrastructure and Global Economic Growth' on...
- 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...
- Arun Jaitley to skip FMs meet to sign agreement on AIIB in BeijingArun Jaitley will skip the meeting of Finance Ministers of 57 countries to approve setting up of USD 100 billion AIIB in Beijing on Monday.
- 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...
- China dismisses reports of seeking veto power in Asian Infrastructure Investment BankChina today dismissed reports that it was seeking or willing to forego its veto power in order to lure more European countries to join the ...
- 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...
- China invites Japan to join AIIBThe chance to be an Asian Infrastructure Investment Bank (AIIB) founding member is available for all Asian countries including Japan by Mar...
- India, 20 others set up Asian Infrastructure Investment BankIndia along with 20 other countries today signed an agreement to become founding members of the China-backed Asian Infrastructure Investmen...
- India-China talks on for Asian Infra Investment Bank: LS Report"Preliminary" bilateral talks are on between India and China to set up Asian Infrastructure Investment Bank,says a parliament report.
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