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Asian Infra Bank

FM asks AIIB to assist low-income countries to avail financial resources

Finance Minister Nirmala Sitharaman on Wednesday said AIIB should continue to focus on a client-centric approach and facilitate member countries, particularly low-income countries to avail financial resources through technical assistance. She urged Asian Infrastructure Investment Bank (AIIB) during a meeting with its president Jin Liqun ahead of the 9th Annual Meeting of Board of Governors in Samarkand (Uzbekistan). The finance minister appreciated AIIB's rapid growth in lending operations in a short span of nine years. "The Union Finance Minister suggested that @AIIB_Official should continue strengthening its client centric approach and facilitate member countries, particularly Low-Income Countries to avail financial resources through technical assistance and other non-financial services," the ministry said in a post on X. India being the second largest shareholder and the largest client, the AIIB President appreciated India's contributions to the governance and overall growth of

FM asks AIIB to assist low-income countries to avail financial resources
Updated On : 25 Sep 2024 | 5:01 PM IST

Asian Infra Bank to invest $1 billion in Indian projects

A $500-million investment in line four of metro rail and $600 million in sub-urban rail projects in Mumbai

Asian Infra Bank to invest $1 billion in Indian projects
Updated On : 04 Nov 2017 | 1:23 AM IST