Anshula Kant appointed as MD & CFO of World Bank (WB)

Anshula Kant, Managing Director of State Bank of India (SBI), has been appointed as MD and Chief Financial Officer (CFO) of the World Bank (WB). She will be responsible for financial and risk management of the organisation. Her work will ..

Union Government signs a $300 million loan pact with ADB to boost infra funding by IIFCL

In New Delhi, the Government of India (GoI) has signed a $300 million loan agreement with Asian Development Bank (ADB) to support India Infrastructure Finance Company Ltd (IIFCL) that provides long-term finance to infrastructure projects. The move is expected to ..

New Development Bank (NDB) approves loan to Madhya Pradesh for infrastructure projects

The New Development Bank (NDB) of the BRICS countries has approved a $525-million loan to Madhya Pradesh for infrastructure projects. The loan will be used by the Indian government for on-lending to the Madhya Pradesh government for rehabilitating major district ..

Asian Infrastructure Investment Bank (AIIB) approves an equity investment in National Investment & Infrastructure Fund (NIIF) of India

On June 24, the Asian Infrastructure Investment Bank (AIIB) has approved a $200 million equity investment into the National Investment & Infrastructure Fund (NIIF) of India and the first tranche of $100 million has already been approved by the bank’s ..

India to host 3rd annual meeting of Asian Infrastructure Investment Bank (AIIB)

India will host the 3rd annual meeting of the Asian Infrastructure Investment Bank (AIIB) in Mumbai on June 25-26, 2018. It will be jointly hosted by the Department of Economic Affairs (DEA) and AIIB. The theme for 2018 meeting is ..

The 4th Regional Conference on ‘Futuristic, Resilient and Digital Infrastructure’ held in Bengaluru

The 4th Regional Conference on ‘Futuristic, Resilient and Digital Infrastructure’ was held in Bengaluru on May 4, 2018. The 2-day Conference was organized by the Ministry of Finance, Government of India in collaboration with the Confederation of Indian Industry (CII), ..