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Asian Development Bank

07 May 2017

Give primacy to views of developing nations: FM Jaitley to ADB

Finance Minister Arun Jaitley on Sunday asked Asian Development Bank (ADB) to ensure primacy is accorded to views of developing countries in operations of the multilateral lending agency.

Asian Development Bank

05 Aug 2016

Asian Development Bank re-elects Takehiko Nakao as President

The board of Asian Development Bank has re-elected Takehiko Nakao as the multilateral funding agency's president for a five-year term beginning November.

14 Mar 2016

GST will integrate Indian economy, help attract FDI: ADB

ADB president Takehiko Nakao has pitched for roll out of the Goods and Services Tax saying that its introduction will integrate India as "truly one single economy" and help attract more foreign investments.

26 Sep 2015

ADB to double annual climate financing to $6 billion

The Asian Development Bank is to double its annual lending for climate change adaptation to USD 6 billion by 2020, the Philippines-based lender said.

Asian Development Bank

16 Jun 2015

ADB to increase India lending to $12 bn by 2018

Asian Development Bank president Takehiko Nakao on Tuesday said the bank is looking to increase exposure in India, especially in infrastructure, skill development and urban services, and proposes to increase lending to the country by almost half to $12 billion by 2018.

Asian Development Bank

27 Aug 2014

Asian Development Bank to provide up to $9 bn loan to India

Committing to support infrastructure development in India, Asian Development Bank on Wednesday said it will provide up to 7-9 billion loan to the country over the next three years.

26 Aug 2014

India pitches for increase in ADB's capital base

India Tuesday pitched for increase in the capital base of the Asian Development Bank (ADB) to ensure it plays a bigger role in the development of the Asian region.

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