Local Currency Lending
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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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World Bank Thinking Of Local Currency Lending In India: Official
The World Bank is mulling local currency lending in countries like India to help borrowers save on costs, a senior official said on Friday.
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BRICS Bank to Start Lending in Local Currency by April: KV Kamath
He said a decision to open membership for other countries will be taken in the next few months by the bank's Board of Governors.
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BRICS Bank to Lend in Local Currency by April: KV Kamath
The New Development Bank (NDB), set up by five BRICS nations including India, will start lending in local currency by April next year and member countries will primarily be the focus of credit facility, its chief and eminent banker KV Kamath said in Ufa today.
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BRICS nations sign pacts to promote trade in local currency
In an initiative to promote trade in local currencies, the BRICS nations on Thursday signed two agreements to provide line of credit to business community and decided to examine the possibility of setting up a development bank on lines of multilateral lending agencies. The agreements were signed by officials of five countries -- Brazil, Russia, Ind...
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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.
-
World Bank Thinking Of Local Currency Lending In India: Official
The World Bank is mulling local currency lending in countries like India to help borrowers save on costs, a senior official said on Friday.
-
BRICS Bank to Start Lending in Local Currency by April: KV Kamath
He said a decision to open membership for other countries will be taken in the next few months by the bank's Board of Governors.
-
BRICS Bank to Lend in Local Currency by April: KV Kamath
The New Development Bank (NDB), set up by five BRICS nations including India, will start lending in local currency by April next year and member countries will primarily be the focus of credit facility, its chief and eminent banker KV Kamath said in Ufa today.
-
BRICS nations sign pacts to promote trade in local currency
In an initiative to promote trade in local currencies, the BRICS nations on Thursday signed two agreements to provide line of credit to business community and decided to examine the possibility of setting up a development bank on lines of multilateral lending agencies. The agreements were signed by officials of five countries -- Brazil, Russia, Ind...
