new development bank

BRICS' new development bank provides $1 billion loan to India to fight pandemic

The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April

BRICS bank grants $300 mn loan to Brazil's renewable sector

Bank supports efforts of other financial institutions and establish a network of global, regional partnerships.

India seeks $2 bn infrastructure funding from NDB

Finance Minister Arun Jaitley says country needs infrastructure investment of about Rs 43 lakh cr.

India to grow at 7.7 per cent in 2018, says Arun Jaitley

Finance Minister says NDB will emerge as a development bank and help in funding of emerging economies.

NDB plans $500 mn Masala Bonds for India: Kamath

Bank wants to increase its exposure to infrastructure projects in India to around $600-700 million during year.

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