One Belt, One Road: GK, Current Affairs, Questions, Trivia and News

L&T Finance Holdings becomes first NBFC to get $100 million loan from AIIB for Green Energy Funding

The L&T Infrastructure Finance Company Limited (LTIF) has become the first Non-Banking Finance Company (NBFC) to get $100 million loan from Asian Infrastructure Investment Bank (AIIB) for on-lending to wind and solar power infrastructure projects in India. LTIF is a subsidiary of L&T Finance Holdings Ltd and a leading non-bank financier of renewable energy in ..

2nd Belt and Road Forum held in Beijing, China

The 2nd edition of BRF (Belt and Road Forum) was held in Beijing, China from April 25th to April 27th, 2019. Around 37 heads-of-state and 159 countries participated in the forum along with United Nations Secretary-General Antonio Guterres and International Monetary Chief (IMF) Christine Lagarde. The theme of the event was ‘Belt and Road Cooperation: ..

Pakistan approves issuance of ‘Panda bond’

The Pakistan Cabinet has recently approved the issuance of first-ever Chinese renminbi-denominated bonds to raise loans from China’s capital markets. The Panda bonds will be denominated in Chinese yuan. It is expected that the possible transaction size of bonds will be equivalent to $500 million in two different tranches. They will help the government diversify ..

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 Board. The second tranche of $100 million will be invested by AIIB on call. This ..

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 “Mobilizing Finance for Infrastructure: Innovation and Collaboration” that will see leaders from varied organizations and ..

The regional conference on “Urban Development: Technological Solutions and Governance Challenges” started in Ahmedabad

The regional conference on “Urban Development: Technological Solutions and Governance Challenges” has started in Ahmedabad, Gujarat on April 19, 2018. The conference is a lead-up event to the 3rd Annual Meeting of AIIB scheduled to be held on 25th and 26th June, 2018 in Mumbai. The 2-day conference is organized by the Ministry of Finance ..

The first regional conference on ‘Mass Rapid Transport System (MRTS) for Urban Areas – Opportunities and Challenges held in Kolkata

The first regional conference on ‘Mass Rapid Transport System (MRTS) for Urban Areas – Opportunities and Challenges was held in Kolkata, West Bengal on March 13, 2018. The conference was jointly organized by Ministry of Finance, AIIB, ASSOCHAM and Research and Information System for Developing Countries (RIS). Before the 3rd annual meeting of Asian Infrastructure ..

India to host 3rd Annual Meeting of Board of Governors of Asian Infrastructure Investment Bank (AIIB)

India will host the 3rd Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB) at Mumbai in June 25-26, 2018. The theme of the meeting will be ‘Mobilizing Finance for Infrastructure: Innovation and Collaboration. For this, the MoU was signed by joint secretary (multilateral institutions division) in the Ministry of Finance ..