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Latest Articles in asian infrastructure investment bank
AIIB Approves $750 Million Loan To India For COVID-19 Response
According to the World Bank, India is extremely vulnerable to the pandemic given that around 270 million people continue to live below the national poverty line and around 81 million live in densely populated informal settlements with limited access to health services.
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India Urges AIIB To Increase Loan Book Tenfold To $40 Billion By 2020
To date the AIIB's loan portfolio totals $4 billion, but by 2020 the figure should rise to $40 billion, and by 2025 it should go up to $100 billion, says PM Modi
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5 Infrastructure Projects To Come Up For AIIB Consideration
"Apart from the existing projects, five new initiatives have been proposed before the AIIB," Lee said at a symposium 'Mass Rapid Transport Systems for Urban Transport'
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AIIB Approves $329 Million Loan To Build Roads In Gujarat
"The board of directors of the AIIB approved a loan of $329 million to build access roads to approximately 4,000 villages in all 33 districts of Gujarat, India," AIIB said in a statement.
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World Bank-AIIB Sign Loan Agreement For Power Project
The energy demand in Andhra Pradesh is expected to grow to 78,900 GWh (Gigawatt-hour) by FY 2019 from 56,313 GWh in FY 2015, which signifies an annual energy requirement of more than 8.5 per cent.
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AIIB Grants $150 Million Loan For India Infrastructure Fund
The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) who met in Jeju in South Korea has approved $150 million equity investment to the India Infrastructure Fund, said a statement from the bank.
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Arun Jaitley To Attend AIIB Annual Meet In Korea
Finance Minister Arun Jaitley will attend the annual meeting of China-led Asian Infrastructure Investment Bank to be held in mid-June in South Korea
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Finance Minister Cuts Short China Visit After Swamy Attacks
Jaitley was on a five-day visit to China primarily to attend the first meeting of the Board of Governors of the $100-billion Asian Infrastructure Investment Bank
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India To Decide On Projects To Be Referred To AIIB, Says Arun Jaitley
India has a massive infrastructure programme and will decide on which of the projects under it could be referred to the Asian Infrastructure Investment Bank for funding, Finance Minister Arun Jaitley
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AIIB To Have 100 Members By Year-end
India is the second largest shareholder with 7.5 per cent followed by Russia 5.93 per cent and Germany with 4.5 per cent
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China-Led AIIB Eyes First Loans To India
India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB, a senior official said
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The Chinese Puzzle
The launch on 16 January in Beijing of the Asian Infrastructure Investment Bank as a counterweight to the us-dominated World Bank is an indication of China’s determination to expand its global financial role
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India Fails To Secure Vice Presidency Of China-Backed AIIB
AIIB wanted to avoid the patron of allotment of posts followed by the BRICS New Development Bank, under which posts were decided by rotation, says an Indian official
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Chinese President Launches AIIB Development Bank As World Power Balance Shifts
57 countries have joined as founding members, with China and India among the largest shareholders. Based on the shareholding, India is expected to get the vice president's post
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China-backed AIIB To Lend $10-15 Billion A Year For First 5-year: President-designate
The president-elect of China's new international development bank said he expects the institution to lend $10 billion-$15 billion a year for the first five or six years, and sought to allay concerns that the lender will be a tool of Beijing.
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