News:Indian Finance Minister attended the Special Board of Governors meet of New Development bank through video conference. Facts: New Development Bank(NDB): It is a multilateral development bank jointly founded by the BRICS countries (Brazil, Russia, India, China and South Africa) at the 6th BRICS Summit in Fortaleza, Brazil in 2014.The Bank formally came into existence… Continue reading Finance minister attends New Development Bank Governors meet
Tag: New Developement Bank
BRICS’ NDB pledges $100 million to NIIF
News:Recently,New Development Bank(NDB) has committed $100 million to India’s National Investment and Infrastructure Fund(NIIF). Facts: About NDB: The New Development Bank(NDB) formerly referred to as the BRICS Development Bank is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa). The bank was founded in 2014 but was was… Continue reading BRICS’ NDB pledges $100 million to NIIF
