India Urges AIIB To Increase Loan Book Tenfold To USD 40 Billion By 2020

AIIB began operations in January 2016, having been cast by Beijing as an alternative to other multilateral lenders like the World Bank and Asian Development Bank. It has 87 members, a capital base of $100 billion, and it has approved 25 projects in a dozen countries so far
Source: Today Deals

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