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Asian Infrastructure Investment Bank

FM urges AIIB to scale up investment in renewal energy, smart technologies

Finance Minister Nirmala Sitharaman on Friday asked the Asian Infrastructure Investment Bank (AIIB) to scale up investment in renewal energy and smart technologies and also urged the multilateral agency to set up a regional office in India. AIIB President Jin Liqun called upon the finance minister here and discussed various issues of relevance to the bank. "While appreciating AIIB's growing portfolio in India, FM Smt.@nsitharaman suggested that @AIIB_Official should scale-up #investments and mobilise private finance in India's key priority areas including #RenewableEnergy, #EnergyEfficiency and climate #SmartTechnologies," the finance ministry said in a tweet. India is a founding member of AIIB with the second-highest voting share. India holds 7.74 per cent equity in the multilateral bank, next only to China (29.9 per cent). "As India is the largest client of @AIIB_Official, FM Smt.@nsitharaman reiterated that AIIB should plan to set up a regional presence in India to facilitate .

FM urges AIIB to scale up investment in renewal energy, smart technologies
Updated On : 18 Nov 2022 | 6:03 PM IST

Kerala civic bodies to have solid waste management engineers soon

Kerala will soon have Solid Waste Management (SWM) Engineers to handle the waste management issues and help the urban civic bodies to find lasting solutions to the growing menace of solid wastes

Kerala civic bodies to have solid waste management engineers soon
Updated On : 20 Jul 2022 | 1:08 PM IST

No plan to set up resident board in Beijing, says AIIB chief economist

Berglof said AIIB wants to do it differently from how other multilateral developments banks have done

No plan to set up resident board in Beijing, says AIIB chief economist
Updated On : 18 Jul 2022 | 11:28 PM IST

A major recession in developed countries is unlikely: AIIB chief economist

We will have inflation at an elevated level for some time, says AIIB chief economist Erik Berglof

A major recession in developed countries is unlikely: AIIB chief economist
Updated On : 09 Jul 2022 | 1:21 AM IST

AIIB's Erik Berglöf on recovery in a post-Covid world

Erik Berglöf, chief economist of Asian Infrastructure Investment Bank, speaks to Business Standard's Jyoti Mukul about the way ahead for sustainable economic recovery in a post-Covid world. Listen in

AIIB's Erik Berglöf on recovery in a post-Covid world
Updated On : 30 Dec 2021 | 8:30 AM IST

TMS Ep75: Reliance, Erik Berglöf, Sebi's IPO norms, 5G spectrum

What does leadership transition mean for Reliance? What's Erik Berglöf vision of economic recovery? What do new IPO norms by Sebi mean for markets? What's 5G mmWave spectrum?

TMS Ep75: Reliance, Erik Berglöf, Sebi's IPO norms, 5G spectrum
Updated On : 30 Dec 2021 | 8:00 AM IST

India's low score on GVC a starting point for recovery from pandemic: AIIB

India rated 7.4 percentage points below the average global value chain participation rate for emerging economies

India's low score on GVC a starting point for recovery from pandemic: AIIB
Updated On : 08 Dec 2021 | 12:06 AM IST

Cabinet approves Rs 10,000 crore project to improve dams in India

India is the third ranked country in terms of total number of dams, next after the US and China

Cabinet approves Rs 10,000 crore project to improve dams in India
Updated On : 29 Oct 2020 | 10:52 PM IST

AIIB to step up lending in India; plans to approve loans worth $3 billion

India is the largest borrower, which accounts for 25% of the total lending by AIIB so far

AIIB to step up lending in India; plans to approve loans worth $3 billion
Updated On : 30 Jul 2020 | 2:57 PM IST

Beijing-backed AIIB clears $750-million loan for India's Covid-19 fight

AIIB's total sovereign loans to India now amount to $ 3.06 billion, including a recent $500 million Covid-19 emergency response

Beijing-backed AIIB clears $750-million loan for India's Covid-19 fight
Updated On : 17 Jun 2020 | 10:38 PM IST

AIIB extends $500 mn loan to India to deal with coronavirus crisis

The bank's board of directors has approved a loan to India to strengthen the preparedness of the country's national health system

AIIB extends $500 mn loan to India to deal with coronavirus crisis
Updated On : 08 May 2020 | 10:44 AM IST

Asian Development Bank to invest $100 million in NIIF's fund of funds

With ADB's investment into the NIIF platform, the FoF has now secured $700 million in commitments

Asian Development Bank to invest $100 million in NIIF's fund of funds
Updated On : 30 Mar 2020 | 11:52 AM IST

AIIB to give $500-mn loan for Mumbai rail, $75 mn for renewable projects

Under the Paris Agreement, the government of India plans to reduce the country's carbon intensity by 30-35 per cent of 2005 levels

AIIB to give $500-mn loan for Mumbai rail, $75 mn for renewable projects
Updated On : 15 Nov 2019 | 11:19 PM IST

After World Bank, Beijing-backed bank drops plans to fund Andhra's capital

The World Bank withdraw its funding after the central government dropped its support for the project

After World Bank, Beijing-backed bank drops plans to fund Andhra's capital
Updated On : 24 Jul 2019 | 11:38 AM IST

AIIB is willing to invest in cross-border projects in Asia: Najeeb Haider

Lending agency to debate on how to come closer to being the region's bank of choice for the segment

AIIB is willing to invest in cross-border projects in Asia: Najeeb Haider
Updated On : 25 Jun 2018 | 12:51 PM IST

AIIB meet to face people's challenge as activists attack infra financing

A large number of representatives from various people's movements across the country are gearing up for a fight with the Asian Infrastructure Investment Bank

AIIB meet to face people's challenge as activists attack infra financing
Updated On : 25 Jun 2018 | 1:03 AM IST

Will support 'Made in Asia' projects, says AIIB President Jim Liqun

There was a debate if India should join AIIB. I am glad that India has become an active participant, said Jaitley

Will support 'Made in Asia' projects, says AIIB President Jim Liqun
Updated On : 28 Feb 2018 | 3:11 PM IST

AIIB says 30 countries await membership

The AIIB, first proposed by President Xi Jinping less than two years ago, has become one of China's biggest foreign policy successes

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Updated On : 26 Mar 2016 | 2:01 AM IST