BRICS bank to issue first yuan-denominated bonds
Beijing: The New Development Bank of the BRICS countries is set to issue its first yuan-denominated bonds with plans to release more bonds in local currencies including in Indian Rupee, a top official of the bank has said.
Jun 01, 2016, 14:41 PM ISTBRICS bank a 'worthwhile venture': Rajan
Describing the New Development Bank (NDB) set up by the BRICS countries as a "worthwhile venture", RBI Governor Raghuram Rajan today said the multi-lateral bank has gotten off to a good start raising hopes of energising the investment and financing of infrastructure projects.
Feb 27, 2016, 19:47 PM ISTBRICS bank signs pact to place headquarters in Shanghai
The New Development Bank (NDB) set up by the BRICS countries on Saturday signed an agreement with China to place its Headquarters here, according legal status to the multi-lateral bank headed by eminent Indian banker K V Kamath.
Feb 27, 2016, 18:12 PM IST