Current Affairs

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Page-2 of AIIB

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....

June 25, 2018

AIIB approves $140 million loan to improve Rural Connectivity in Madhya Pradesh

The Asian Infrastructure Investment Bank (AIIB) have approved $140 million loan for project aimed at improving rural roads (connectivity) in Madhya Pradesh. It was approved at meeting of...

April 13, 2018

ISA-ADB, NDB, GCF, AfDB and AIIB sign joint declarations of financial Partnership

The International Solar Alliance (ISA) and African Development Bank (AfDb), Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), Green climate fund (GCF), and New Development Bank (NDB)...

March 10, 2018

AIIB approves $1.5 billion in loans to India for infrastructure projects

China-based Asian Infrastructure Investment Bank (AIIB) has approved $1.5 billion in loans to India for infrastructure-related projects in 2018. The funds will be used for investment in India’s...

February 28, 2018

AIIB plans to issue first US dollar bonds in June 2018

China-led Asian Infrastructure Investment Bank (AIIB) is planning to issue its first US dollar-denominated bond with minimum worth of $1 billion by June 2018. The earliest issuance window...

January 8, 2018

India to host 3rd Annual Meeting of Board of Governors of AIIB

India will host third Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB) in Mumbai, Maharashtra in June 2018. In this regard, Union Government...

December 13, 2017

AIIB approves first loans for projects in four countries

The China-led Asian Infrastructure Investment Bank (AIIB) has approved first set of loans totalling US 509 million dollars to finance projects in four countries viz. Bangladesh, Pakistan, Indonesia...

June 27, 2016

DJ Pandian appointed AIIB Vice-President

Former IAS officer D J Pandian has been appointed vice-president and chief investment officer (CIO) of Beijing-based Asian Infrastructure Investment Bank (AIIB). He is retired IAS officer of...

February 4, 2016

India's Dinesh Sharma elected to board of directors of AIIB

India’s Dinesh Sharma has been elected to the board of directors of the China-sponsored Asian Infrastructure Investment Bank (AIIB). He has been elected to the 12-member board through...

January 18, 2016

China’s President Xi Jinping formally opens AIIB in Beijing

Chinese President Xi Jinping has formally opened Asian Infrastructure Investment Bank (AIIB) in Beijing. Background The bank was formally established in Beijing on 25 December 2015. China’s former...

January 16, 2016

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