Focus Merit

Tag: New Development Bank (NDB)

GoI signs $1-bn loan pact with NDB to support Indian Economy

December 17, 2020

The Government of India and the New Development Bank (NDB) have inked a loan agreement worth $1,000 million for ‘strengthening India’s economic recovery from COVID-19’. The loan has a tenor of 30 years, including a 5-year grace period.

GoI & NDB ink MoU for USD 500 Million for Public Transport System in NCR

November 21, 2020

The Government of India and the New Development Bank (NDB) have inked a loan agreement for lending USD 500 million for the ‘Delhi-Ghaziabad-Meerut Regional Rapid Transit System Project’.

Marcos Troyjo appointed as next President of NDB

May 28, 2020

Marcos Troyjo has been appointed as the new President of New Development Bank (NDB). He was universally selected during the Special Board of Governors meeting of the NDB which was held through the video-conference.

Nirmala Sitharaman attends Annual Board of governors meeting of NDB

April 21, 2020

5th Annual meeting of Board of Governors of New Development Bank(NDB) was attended by Union Minister of Finance & Corporate Affairs, Nirmala Sitharaman through Video conferencing.