World Bank President Jim Yong Kim resigns, to join a private investment firm
Kim, who had served in the role since 2012, announced on Monday that he would leave his post well ahead of his term`s expiration at the end of 2021.
Jan 08, 2019, 08:42 AM IST
International banking must for better growth prospects: World Bank
In its annual ‘Global Financial Development Report 2017/2018: Bankers without Borders”, the World Bank said that international banking can have important benefits for developmen,but is no panacea and carries risks.
Nov 08, 2017, 15:14 PM IST
Indus water dispute: World Bank President Jim Yong Kim calls Pakistan Finance Minister to discuss matter
World Bank Group President Jim Yong Kim has called Pakistan Finance Minster Ishaq Dar to discuss the latter`s request to help settle the Indus water dispute, sources said.
Dec 27, 2016, 09:31 AM IST
IMF, World Bank call for measures to promote inclusive globalisation
International Monetary Fund (IMF) and World Bank leaders have called for measures to promote inclusive growth and resist anti-trade sentiments.
Oct 07, 2016, 15:18 PM IST
India ready to take larger share in World Bank: FM Jaitley
India strongly supports the capital increase in the World Bank, Finance Minister Arun Jaitley has said and expressed the country's readiness to take a larger share in the global lender than the dynamic formula.
Oct 06, 2016, 12:36 PM IST
World Bank unanimously reappoints President Jim Yong Kim for 2nd term
The board of the World Bank has unanimously agreed to name Jim Yong Kim to a second term as president, the global lender announced Tuesday.
Sep 28, 2016, 09:32 AM IST
Bangladesh's Junaid Ahmad new World Bank head in India
Junaid Ahmad has become the World Bank's Country Director for India, replacing Onno Ruhl who served a four-year term based out of the national capital.
Sep 20, 2016, 13:49 PM IST
World Bank chief Jim Yong Kim heads for 2nd term as no other nominees
World Bank President Jim Yong Kim effectively won a second five-year term after nominations to lead the global development bank closed Wednesday with no other candidates proposed.
Sep 15, 2016, 04:57 AM IST
India a bright spot, pleased with progress under PM Modi: World Bank chief
The World Bank Thursday appreciated developmental efforts under Prime Minister Narendra Modi, saying the country has emerged as a "bright spot", as it has pitched for bettering its ranking in the ease of doing business index.
Jun 30, 2016, 18:48 PM IST
Raghuram Rajan a 'great' central bank governor: World Bank President
Describing Raghuram Rajan as a "great" central bank governor, World Bank President Jim Yong Kim Thursday said he has been told by the Indian leadership that Reserve Bank will continue to have an independent head.
Jun 30, 2016, 18:38 PM IST
World Bank chief meets PM Modi, promises support to sustainable development
World Bank President Jim Yong Kim on Thursday promised "proactive" and "full support" to India's efforts for environmentally sustainable development as Prime Minister Narendra Modi pitched for adequate climate change financing.
Jun 30, 2016, 16:42 PM IST
Aadhaar ID saving Indian govt about $1 billion per annum: World Bank
Hailing India's Aadhaar digital ID, the World Bank has said the initiative is estimated to be saving the government about USD 1 billion annually by curbing corruption as it underlined that digital technologies can promote inclusion, efficiency and innovation.
Jan 14, 2016, 17:50 PM IST
India on track to register entire population using Aadhaar: World Bank
India is on track to register its entire 1.25 billion population using its Aadhaar digital ID, the World Bank said today, which it said would help the government to promote the inclusion of disadvantaged groups in its welfare schemes.
Jan 14, 2016, 02:49 AM IST
India cheers as Paris delivers ''historic'' climate accord
India immediately welcomed the pact, saying it was balanced and addressed most of its concerns.
Dec 13, 2015, 07:35 AM IST
Ready to help countries implement climate pact: World Bank
World Bank President Jim Yong Kim on Saturday welcomed the historic global climate agreement reached in Paris, saying the World Bank was ready to help countries deal with climate change.
Dec 13, 2015, 06:39 AM IST
World Bank sets USD 16 bn plan for climate fight in Africa
The plan will be presented at COP21, the 12-day UN climate summit that opens Monday in Paris.
Nov 25, 2015, 04:24 AM IST
Development banks pledge USD 15 billion in new climate funds
Development banks including the World Bank have pledged an additional USD 15 billion a year by 2020 to fight climate change, taking the world closer to the clutch target of USD 100 billion, officials have said.
Oct 10, 2015, 10:55 AM IST
Extreme poverty to fall below 10%: World Bank
In 2012, that number stood at 902 million, or about 13 percent of the world population.
Oct 05, 2015, 02:46 AM IST
How China is upsetting the old global economic order
With its huge new infrastructure bank and its ambitions for a globalised renminbi currency, China is leading the upending of a 70-year-old global order built on American economic power.
Apr 19, 2015, 18:21 PM IST
World Bank chief praises PM Modi's Jan Dhan Yojna
The World Bank chief Jim Yong Kim on Friday said that the "strong visionary leadership" of Prime Minister Narendra Modi has resulted in "extraordinary effort" by India on financial inclusion of its people.
Apr 17, 2015, 22:44 PM IST
