AIIB in discussion with India for financing of ambitious USD 8-billion health infrastructure scheme

New Delhi: The Asian Infrastructure Investment Bank (AIIB) is in discussion with the Indian government for financing a USD 8-billion scheme for improving health infrastructure at the district level to … Read More

AIIB to step up lending in India; plans to approve loans worth USD 3 billion in next 12 months

New Delhi: As part of its effort to improve connectivity, Beijing-based multilateral funding agency AIIB is looking to provide loans worth USD 3 billion for various large infrastructure projects, including … Read More

China-Led Development Bank Asian Infrastructure Investment Bank Approves $750 Million Loan To India For COVID-19 Response

AIIB has approved a $750 million loan to India for COVID-19 response The Asian Infrastructure Investment Bank (AIIB) on Wednesday approved a $750  million loan to India. In a release, … Read More

Asian Infrastructure Investment Bank approves $500 million loan to support India’s Covid-19 operations

The Asian Infrastructure Investment Bank’s (AIIB) approved a $500 million loan to support India’s Covid-19 operations, according to a release on Friday. Co-financed by the World Bank, the funds were … Read More

Sri Lanka to seek $ 400 million financial facility from RBI to meet short term needs

Colombo: Sri Lanka is set to enter into an agreement with the Reserve Bank of India for a currency swap worth $400 million to boost the foreign reserves and ensure … Read More