Thu, Jul 06, 2017
The New Development Bank (NDB) set up by the BRICS group of emerging economies is looking raise money by issuing dollar-denominated bonds later this year, the agency`s president, K.V. Kamath, said on Thursday.
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Thu, Mar 30, 2017
The offering comes after the bank sold three billion in yuan-denominated green bonds ($435.5 million) on China's interbank market last year aiming to support clean and renewable energy use to reduce carbon emissions.
Sun, Oct 16, 2016
He further said India has undertaken substantial reforms in the last two years to streamline and simplify governance, especially doing business within the country.
The BRICS - Brazil, Russia, India, China and South Africa - agreed to create the New Development Bank (NDB) in July 2014 with initial authorised capital of $100 billion.
Sat, Oct 15, 2016
Sounding exuberant, veteran banker and New Development Bank (NDB) President KV Kamath has said everything is going right for India at present and the third largest Asian economy will witness a "sudden uptick" in fortunes soon.
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