New Development Bank

PM Modi to inaugurate regional centre of New Development Bank on July 29

The New Development Bank's regional office in GIFT City will identify projects with strong development impact

Nearly a third of NDB's funding provided for fighting Covid: NDB President

NDB has approved more than $3.6 billion loan for seven operations that entail on-lending through national financial intermediaries.

India at BRICS meet: Aatmanirbhar Bharat a global initiative, says Goyal

Minister bats for widening the scope of NDB to strengthen social infra

NDB to lend $500 mn for rapid transition system between Delhi and Meerut

The total project cost is estimated at $3.75 billion, will also be financed by Asian Infrastructure Investment Bank, ADB, among others

FM calls for consensus on taxing digital firms like Google, Facebook

Some 129 countries are in talks to rework global tax system to make digital firms pay tax regardless of their physical presence or measured profits in a country

India supports expansion of New Development Bank membership at BRICS meet

India on Monday supported expansion of the membership of New Development Bank, set up by India and other BRICS nations, and emphasised on the importance of regional balance.

Low interest rate regime critical for survival of banks: K V Kamath

Praising the decision of the RBI for extending moratorium to borrowers till August, Kamath said it was very well done

Brazil's Troyjo to be new head of BRICS bank; SBI's Anil Kishora vice-prez

The decisions were made on Wednesday at a special meeting of the Board of Governors in accordance with the Articles of Agreement of the NDB and its procedures, a press release from the bank said

BRICS' New Development Bank provides $1 bn loan to India to fight Covid-19

The Shanghai-based New Development Bank (NDB) was established by the BRICS (Brazil, Russia, India, China, South Africa) countries in 2014 and is headed by veteran Indian banker K V Kamath.

India and its Brics dilemmas

The five-country group faces challenges arising from bilateral differences and diverse political systems

BRICS bank plans to tap Indian Rupee offshore market to raise capital

The Shanghai-based NDB - floated by Brazil, Russia, India, China and South Africa (BRICS) - is headed by renowned Indian banker K V Kamath

NDB approves $1.4 bn loan for projects in India, China and Russia

Bank has approved $470 mn loan for Madhya Pradesh's Rural Drinking Water Supply Project

European development bank strikes pact with New Development Bank

MoU formalises EBRD's partnership with the BRICS development bank

Criteria for new NDB members soon: K V Kamath

When asked for names of potential new members, he said question was a bit premature

India seeks $2 bn funding from New Development Bank, wants it nimble-footed

The NDB is considering setting up of an Africa Regional Centr

BRICS development bank to lend $2.5 billion next year: KV Kamath

Shanghai-based New Development Bank will expand its staff to 300 over the next three years

New Development Bank plans rupee, rouble bonds

NDB, more popularly known as the BRICS Bank, had earlier issued its first bonds to raise funds internationally for clean energy projects in member states

New Development, ICICI ink 'preferred partner' pact

ICICI Bank is the first Indian bank to sign an MoU with NDB