• 

  New Development Bank to provide Rs 6,000 crore loan to Andhra

  India | Sep 06, 2019, 07:16 AM IST

  The New Development Bank was set up in 2015 by the BRICS countries. The Shanghai-based bank has lent over Rs 75,000 crore to various projects so far all over the world. Out of this Rs 25,000 crore was sanctioned for India.

• 

  BRICS expediting efforts to set up NDB at the earliest: India

  World | Dec 16, 2014, 07:45 AM IST

  Beijing: India has said it has begun the internal process to set up the USD-100 billion New Development Bank (NDB) aimed at funding projects in developing nation, and hoped other BRICS members would also finalise