Page 2 - Aiib

AIIB in talks with India for financing of $8-billion health infra scheme

The Beijing-based multilateral funding agency had earlier approved a financial assistance of $1.2 billion for India to fight the Covid-19 pandemic

AIIB to step up lending in India; plans to approve loans worth $3 billion

India is the largest borrower, which accounts for 25% of the total lending by AIIB so far

AIIB extends $50 mn loan to L&T Infra Finance for Renewable Energy

This is the first tranche of a $100 mn loan by the Bejing-based multilateral development bank; proceeds will be used to on-lend to large and mid-scale wind and solar power infra projects in India

Asia needs India for post-Covid cooperation

India's pivotal position in South Asia, its strong economic ties with ASEAN+6 countries and its presence in the G20 make its participation critical

AIIB, central bank among 16 China-based entities registered as FPI in India

While AIIB is a multilateral development bank, which has got India as a member too, PBoC is China's central bank

Top headlines: Franklin apologises to Sebi, RIL sells another 2.32% in Jio

Business Standard brings to you the top headlines of the day

AIIB extends $500 mn loan to India to deal with coronavirus crisis

The bank's board of directors has approved a loan to India to strengthen the preparedness of the country's national health system

Beijing-based AIIB mulls $500 mn funding for healthcare system in India

AIIB is doubling available funds under its COVID-19 Crisis Recovery Facility to provide upto $10 billion due to high client demand.

AIIB likely to lend $3 bn to Andhra Pradesh for development projects

Reddy told AIIB officials that his government intended to utilise these funds to construct ports at Bhavanapadu and Machilipatnam in Srikakulam and Krishna districts, respectively

AIIB announces $210 million loan for irrigation & solar energy projects

India is the second-largest shareholder of the bank and the largest recipient of its loan and equity commitments.

AIIB expects $100m investment a year in India's solar, wind projects

AIIB's Director General Pang also expected the private investments in renewable energy sector in India as foreign direct investment, relieving the Indian government of project financing challenges

AIIB to give $500-mn loan for Mumbai rail, $75 mn for renewable projects

Under the Paris Agreement, the government of India plans to reduce the country's carbon intensity by 30-35 per cent of 2005 levels

AIIB to provide $100 million loan to L&T Infrastructure Finance

Loan proceeds to be used to lend to wind, solar infrastructure projects in India

Road building in India second cheapest in Asia, says AIIB study

The AIIB results are based on a data analysis it has conducted in collaboration with Thomson Reuters and The Economist Intelligence Unit, between August and October, 2018

AIIB meet: PM Modi asks leaders of corporate India to create more jobs

Industry's contribution to economic growth and development was also discussed. Modi urged the corporate sector to invest in a big way, especially in the agriculture sector

Institutional investors should step in to aid infra financing: Expert

Risk perception, govt regulations key challenges, say panelists

AIIB meet: Indian cities need $45 billion to meet development goals

In 2015, the government of India announced its plan to build 100 smart cities and rejuvenate another 500 cities

AIIB meet: Fiscal situation in India is firmly under control, says PM Modi

Government aims to reach the fiscal deficit target of 3.3 per cent of GDP in BE 2018-19

Infrastructure development can't be done locally, says AIIB

The panel stressed on the importance of both hard and soft infrastructure to boost cross-border trade and relations

India needs $4.5 trillion infra spending over next decade: FM Piyush Goyal

Goyal refuted any charges that Indian banks are shying away from infrastructure projects, but said they have provided yeoman services to the country's infrastructure growth will continue to do so