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BRICS Bank Aims To Issue First Indian Rupee Bond By October
The development bank founded by the so-called BRICS countries is planning to issue its first Indian rupee bond by October, its chief operating officer said on Monday, as the lender comes under pressure to raise and lend more in local currencies.
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BRICS-Led New Development Bank To Establish Regional Office In India
New Development Bank (NDB), established by the BRICS group of emerging economies, said on Friday it would set up a regional office in India for funding and monitoring
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BRICS Bank Follows AIIB And Puts Transactions In Russia On Hold
The BRICS bloc's New Development Bank (NDB) has put all new transactions in Russia on hold, amidst the Ukraine crisis.
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Nirmala Sitharaman Calls For BRICS Cooperation To Mitigate Covid Impact On Economies
Nirmala Sitharaman discussed the key areas of cooperation among BRICS nations, which would help implement the goal of economic recovery.
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Nirmala Sitharaman Attended First BRICS Finance Ministers, Central Bank Governors Meeting
The meeting discussed outcomes of the G20 Saudi Presidency in 2020, a digital platform to encourage infrastructure investments and expanding membership of New Development Bank.
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BRICS Bank Approves Loans For Mumbai Metro, Delhi-Ghaziabad-Meerut Rapid Rail
The New Development Bank (NDB) of the BRICS countries has approved USD 241 million loan for Mumbai Metro and USD 500 million for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project.
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BRICS To Allocate $15 Billion For Rebuilding Economies Hit By COVID-19
The New Development Bank of the BRICS grouping will set aside USD 15 billion to help its members tide over the economic crisis triggered by the coronavirus pandemic, Russian Foreign Minister Sergey Lavrov announced after a meeting of the five-nation bloc.
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Money In Swiss Banks: India Slips To 74th Place, UK Remains On Top
India has moved down one place to 74th rank in terms of money parked by its citizens and enterprises with Swiss banks, while the UK has retained its top position, as per data released by the central banking authority of the Alpine nation.
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BRICS Bank Approves $525 Million Loan For Infra Projects In Madhya Pradesh
The New Development Bank (NDB) of the BRICS countries has approved a $525 million loan to Madhya Pradesh for infrastructure projects, it said on Thursday.
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BRICS Bank Approves $ 400 Million Loans For India, Russia
The Shanghai-based BRICS New Development Bank (NDB) has approved two infrastructure and sustainable development projects in India and Russia with loans of $ 400 million.
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India's Consumption Growth De-Risks It From Global Uncertainty: K V Kamath
On push for digital economy and the recent demonetisation move and whether the pain would be limited to short-term given the world economy is going through uncertain times, he said.
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BRICS Nations Establishing Themselves As Economic Force: KV Kamath
"The Chinese government has been very hospitable towards the NDB, enabling us to set up and operate the bank in a very short time," Kamath said.
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BRICS To Set Up Credit Rating Agency, Says PM Modi
Prime Minister Narendra Modi underlined his government's reform agenda while addressing BRICS business council at the 8th BRICS summit in Goa on Sunday.
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BRICS Countries To Set Up New Credit Rating Agency: PM Modi
The five BRICS countries - Brazil, Russia, India, China and South Africa - represent nearly half the world's population and a quarter of its economy, at a combined $16.6 trillion.
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BRICS Development Bank To Lend $2.5 Billion Next Year
The BRICS - Brazil, Russia, India, China and South Africa - agreed to create the New Development Bank (NDB) in July 2014 with initial authorised capital of $100 billion. The lender was officially launched a year later.
-
BRICS Bank Aims To Issue First Indian Rupee Bond By October
The development bank founded by the so-called BRICS countries is planning to issue its first Indian rupee bond by October, its chief operating officer said on Monday, as the lender comes under pressure to raise and lend more in local currencies.
-
BRICS-Led New Development Bank To Establish Regional Office In India
New Development Bank (NDB), established by the BRICS group of emerging economies, said on Friday it would set up a regional office in India for funding and monitoring
-
BRICS Bank Follows AIIB And Puts Transactions In Russia On Hold
The BRICS bloc's New Development Bank (NDB) has put all new transactions in Russia on hold, amidst the Ukraine crisis.
-
Nirmala Sitharaman Calls For BRICS Cooperation To Mitigate Covid Impact On Economies
Nirmala Sitharaman discussed the key areas of cooperation among BRICS nations, which would help implement the goal of economic recovery.
-
Nirmala Sitharaman Attended First BRICS Finance Ministers, Central Bank Governors Meeting
The meeting discussed outcomes of the G20 Saudi Presidency in 2020, a digital platform to encourage infrastructure investments and expanding membership of New Development Bank.
-
BRICS Bank Approves Loans For Mumbai Metro, Delhi-Ghaziabad-Meerut Rapid Rail
The New Development Bank (NDB) of the BRICS countries has approved USD 241 million loan for Mumbai Metro and USD 500 million for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project.
-
BRICS To Allocate $15 Billion For Rebuilding Economies Hit By COVID-19
The New Development Bank of the BRICS grouping will set aside USD 15 billion to help its members tide over the economic crisis triggered by the coronavirus pandemic, Russian Foreign Minister Sergey Lavrov announced after a meeting of the five-nation bloc.
-
Money In Swiss Banks: India Slips To 74th Place, UK Remains On Top
India has moved down one place to 74th rank in terms of money parked by its citizens and enterprises with Swiss banks, while the UK has retained its top position, as per data released by the central banking authority of the Alpine nation.
-
BRICS Bank Approves $525 Million Loan For Infra Projects In Madhya Pradesh
The New Development Bank (NDB) of the BRICS countries has approved a $525 million loan to Madhya Pradesh for infrastructure projects, it said on Thursday.
-
BRICS Bank Approves $ 400 Million Loans For India, Russia
The Shanghai-based BRICS New Development Bank (NDB) has approved two infrastructure and sustainable development projects in India and Russia with loans of $ 400 million.
-
India's Consumption Growth De-Risks It From Global Uncertainty: K V Kamath
On push for digital economy and the recent demonetisation move and whether the pain would be limited to short-term given the world economy is going through uncertain times, he said.
-
BRICS Nations Establishing Themselves As Economic Force: KV Kamath
"The Chinese government has been very hospitable towards the NDB, enabling us to set up and operate the bank in a very short time," Kamath said.
-
BRICS To Set Up Credit Rating Agency, Says PM Modi
Prime Minister Narendra Modi underlined his government's reform agenda while addressing BRICS business council at the 8th BRICS summit in Goa on Sunday.
-
BRICS Countries To Set Up New Credit Rating Agency: PM Modi
The five BRICS countries - Brazil, Russia, India, China and South Africa - represent nearly half the world's population and a quarter of its economy, at a combined $16.6 trillion.
-
BRICS Development Bank To Lend $2.5 Billion Next Year
The BRICS - Brazil, Russia, India, China and South Africa - agreed to create the New Development Bank (NDB) in July 2014 with initial authorised capital of $100 billion. The lender was officially launched a year later.
