Prime Minister Narendra Modi on Sunday took to X to share a picture of meeting with the Asian Development Bank (ADB) president Masato Kanda at his official residence.

Q1: What is the Asian Infrastructure Investment Bank (AIIB)? A1: The AIIB is a multilateral development bank that will finance infrastructure needs in the Asia Pacific region. There are two prominent ...

Asia faces a massive infrastructure gap. The Asian Development Bank (ADB) estimates that Asia will need $8 trillion over the next decade for energy, transportation, telecommunication and water ...

The AIIB, as it's called, will be a chance for China to extend its influence by financing big infrastructure and development projects throughout Asia. World Bank President Jim Yong Kim told ...

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that provides financing for infrastructure projects in Asia. Like other development banks, its mission is to ...

The ADB is one of two Asian regional development banks, the other being the Chinese-led Asian Infrastructure Investment Bank (AIIB). The ADB provides both private financing and sovereign (public ...

Why a new development bank? Asia is the growth engine of the world economy but suffers from an infrastructure deficit which undermines both the region's growth potential and human development ...

Brazil development bank signs deal with AIIB for nearly $3 billion in investments Brazilian development bank BNDES said on Monday that it has signed a deal with the Asian Infrastructure Investment ...