Topic: AIIB
Urjit Patel – New Vice President of AIIB
Urjit Patel served as the 24th Governor of RBI (Reserve Bank of India). He was recently appointed as the Vice President of Asian Infrastructure Investment Bank. Urjit Patel...
Dam Rehabilitation and Improvement Project approved by Union Cabinet
On October 29, 2020, the Union Cabinet chaired by PM Modi approved the Phase II and Phase III Dam Rehabilitation and Improvement Project (DRIP). These two phases are...
Mumbai Urban Transport Project-III: India signs USD 500 million loan agreement with AIIB
A loan agreement has been signed by the Central government of India, State Government of Maharashtra, Mumbai Railway Vikas Corporation, and the Asian Infrastructure Investment Bank for a...
$250 Million Loan Extended by AIIB to Pakistan for COVID 19
The Asian Infrastructure Investment Bank (AIIB) has extended the loan of $250 million to Pakistan in order to enable it to deal with the prevailing situation due to...
750 million USD loan approved by AIIB to India
On June 17, 2020, the Asian Infrastructure Investment Bank (AIIB) approved 750 million USD loan to India. The fund granted is to be used by the GoI to...
World Bank approves 1 billion USD to India
On May 15, 2020, the World Bank approved 1 billion USD aid to India to accelerate “India’s COVID-19 Special Protection Response Programme”. The fund will be used to...
AIIB approves 500 million USD for India
On May 8, 2020, the AIIB (Asian Infrastructure Investment Bank) approved 500 million USD to COVID-19 to India. The funds were aimed to scale up the containment efforts...
AIIB to finance 500 million USD projects to strengthen National Health Care Systems
The Asian Infrastructure Investment Bank is to finance 500 million USD projects in India to help the country improve its health care systems. AIIB is currently doubling its...
AIIB to invest 100 million USD in solar and wind projects in India
The Asian Infrastructure Investment Bank (AIIB) which is headquartered at Beijing expects an investment of 100 million USD in India in a year. The foreign investment is to... 3rd Annual Meeting of AIIB held in Mumbai
The 3rd Annual Meeting of Asian Infrastructure Investment Bank (AIIB) concluded in Mumbai, Maharashtra in optimistic note to raise its lending capacity to boost prosperity and security in...
AIIB to invest $200 million into NIIF to boost infrastructure projects
The Asian Infrastructure Investment Bank (AIIB) has approved investment of 200 million in India’s National Investment & Infrastructure Fund (NIIF) to give greater impetus to mega infrastructure projects....
