TNPSC Thervupettagam

New Development Bank

March 2 , 2022 941 days 680 0
  • New Development Bank (NDB) will become the first multilateral agency to open an office in the Gujarat International Finance Tech City (Gift).
  • The Indian office will help identify suitable projects and try to create a pipeline of potential financing for the bank.
  • NDB also expects to partner with the newly launched National Bank for Financing Infrastructure and Development (NBFID) to support crucial infrastructure projects in India.

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