AIIB says projects, cost overruns biggest negatives of India

AIIB has $3 billion exposure to India which has a lot of appetite for credit and will continue to be the largest borrower in the near future. It was established in 2016 to fund developmental projects as part-time of which it takes both equity and debt interests in projects. Among the close to 60 member countries, India is the second-largest shareholder after China.

from Economy-News-Economic Times https://ift.tt/2QqIdE0
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