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Wednesday, October 25, 2023

India becomes Asian Infrastructure Investment Bank's top market for funding infrastructure projects

India has become the largest market for the Asian Infrastructure Investment Bank (AIIB) due to the significant amount of infrastructure development taking place in the country. The Asian Infrastructure Investment Bank has funded Indian projects worth $10 billion, which accounts for over 20% of its total infrastructure project funding. The bank is expected to continue lending to India as its balance sheet grows. After India, the bank has rated China, Turkey, Indonesia and Bangladesh as top borrowers.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/f8d1aew

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