You Searched For "BRICS Development Bank" and got 14 results
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3 mins read
India Pulls Off A Diplomatic Coup, To Preside Over BRICS Development Bank Initially
In April, Brazil successfully hosted the Global Multistakeholder Meeting on the Future of Internet …
1 min read
Arun Shourie, Yashwant Sinha in the race to become next BRICS bank president
The NDB is set up by the BRICS states (Brazil, Russia, India, China and South Africa) as an alterna…
2 mins read
China-based BRICS bank aims to de-dollarize debt by expanding local currency lending
The New Development Bank has plans to expand lending in Brazilian, South African, and Indian curren…
Filip De Mott
1 min read
BRICS bank offers $250 million loan to Canara Bank for renewable energy project
This loan is the first such loan from the development financial institution. Image credit: Indiati…
2 mins read
The BRICS Are Trying To Create A Competitor To The IMF - Here's Why It Won't Have A Big Impact
BRICS nations have long been trying to gain greater clout in the legacy of the Bretton Woods framew…
Mamta Badkar
1 min read
BRICS Set UP A New Bank With First President From India
"These initiatives show that, despite our diversity, our countries are committed to a solid and pro…
2 mins read
Even a Russian-cofounded bank can't fund new projects in the country — and it shows just how financially isolated the country is
Any speculation concerning the discussion of new operations of the NDB in Russia is "unfounded," th…
Huileng Tan
2 mins read
BRICS's messaging about de-dollarization could get even messier if Zimbabwe joins the group's bank
A former Zimbabwe finance minister said there could be an economic "disaster" if the current admini…
Huileng Tan
4 mins read
Putin has spent years championing the idea of de-dollarization — but a new reality is setting in
The Russian president said the BRICS group is trying to resolve payment issues with national curren…
Huileng Tan
2 mins read
New Development Bank should enhance emergency facility to USD 10 bn: FM
The Finance Minister also outlined various measures taken by India to respond to COVID-19 crisis in…
PTI
2 mins read
Over 40 countries sick and tired of the Western-led world order are clamoring to join a group where China and Russia are members
The BRICS — or Brazil, China, Russia, India and South Africa — summit is taking place i…
Huileng Tan
1 min read
First ever Indian PM to visit central Asian countries to boost economic and energy ties
India is looking forward to securing a membership status of the six-nation group comprising China, …
2 mins read
Goldman Sachs is ditching its BRIC fund
It quickly became part of Wall Street's vernacular, and marked the start of an investment boom in t…
Portia Crowe
2 mins read
A China-based bank that's trying to de-dollarize global lending is now having trouble repaying its dollar debts, report says
The New Development Bank is having difficulty accessing dollars, and has largely stopped lending, t…