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Latest Articles in New Development Bank NDB

BRICS Bank CFO Rules Out Near-Term Move Towards Common Currency

Since its formation in 2009, the BRICS group has sought to enhance its global influence as a means to counterbalance the predominance of the US and its traditional allies

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BRICS Bank To Open India's Regional Office In GIFT City In Gujarat

Working in close coordination with the NDB Headquarters, the Indian Regional Office will focus on project origination including initial project preparation and technical assistance, pipeline development, project implementation and monitoring as well as regional portfolio management

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BRICS Bank NDB Admits UAE, Uruguay, Bangladesh As New Members

NDB has initiated its membership expansion and started formal negotiations with prospective members in late 2020, the bank said in a press release.

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FinMin, NDB To Hold Seminar On Importance Of Social Infra Financing, Digital Tech Use

The COVID-19 pandemic has reinforced the importance of investing in social infrastructure and underpinned the importance of leveraging digital technologies in advanced and emerging economies

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NBD Should Enhance The Emergency Facility To USD 10 Billion: Sitharaman

FM appreciated NDB's effort on fast-tracking of financial assistance of about USD 5 billion to BRICS countries including Emergency Assistance of USD 1 billion India to combat COVID-19 pandemic.

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