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Tag "New Development Bank"

New Development Bank to provide Rs 6,000 crore loan to AP

New Development Bank to provide Rs 6,000 crore loan to AP

🕔15:52, 6.Sep 2019

Amaravati, Sep 5  The New Development Bank (NDB) is ready to sanction a Rs 6,000 crore loan to Andhra Pradesh. NDB Vice President N. Jong and Project Head Ninad Rajpurkar on Thursday met Chief Minister Y.S. Jagan Mohan Reddy here.

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‘BRICS bank should focus on small scale investments’

‘BRICS bank should focus on small scale investments’

🕔09:52, 31.Mar 2017

New Delhi, March 31  The New Development Bank (NDB), also known as the BRICS Bank, should focus on small scale investments instead of large scale infrastructure projects, civil society members recommended on Thursday.This view emerged at the day-long convention on

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BRICS New Development Bank to issue yuan-denominated bonds

BRICS New Development Bank to issue yuan-denominated bonds

🕔10:23, 1.Jun 2016

Beijing, June 1  Shanghai-based New Development Bank (NDB) is set to issue its first yuan-denominated bonds, and is eyeing future funding for infrastructure projects.The bank was founded in July 2014 by the BRICS countries of Brazil, Russia, India, China and

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India to get $250 mn for renewables from New Development Bank

India to get $250 mn for renewables from New Development Bank

🕔10:20, 15.Apr 2016

Washington, April 15 The New Development Bank, the latest multilateral funding institution in the financial world, has sanctioned a $250-million loan for India to fund its ambitious scheme on new and renewable energy, a top finance ministry official has said.“Participated in

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