China's AIIB to offer loans with fewer strings attached: Sources

Last Updated: Wednesday, September 2, 2015, 08:42

China's new international development bank will offer loans with fewer strings attached than the World Bank, sources said, as Beijing seeks to change the unwritten rules of global development finance.

Goldman Sachs invests Rs 900 crore in Piramal Realty

Last Updated: Monday, August 17, 2015, 15:51

Last month, an affiliate of Warburg Pincus, a leading global equity firm focused on growth investing,?committed an investment of?Rs 1,800?crore?for a minority stake.

JPMorgan to pay over $125 million to settle US credit card debt probes

Last Updated: Wednesday, July 8, 2015, 10:46

The settlement also includes about $50 million in restitution, the sources said.

China nominates Jin Liqun as AIIB president

Last Updated: Monday, July 6, 2015, 18:39

China Monday named a former finance minister as its choice to head the Beijing-backed Asian Infrastructure Investment Bank (AIIB) which is being seen as a rival to the US and Europe-dominated banking institutions.

AIIB will not negatively impact BRICS Development Bank: China

Last Updated: Wednesday, July 1, 2015, 17:48

The bank will complement existing multilateral banks connectivity in the region.

China parliament ratifies BRICS Bank agreement

Last Updated: Wednesday, July 1, 2015, 14:06

China`s largely rubber-stamp parliament ratified an agreement with the world`s largest emerging nations on Wednesday to create a new development bank, state news agency Xinhua reported.

China to hold some veto powers in new Asian bank

Last Updated: Monday, June 29, 2015, 16:00

China will hold over a quarter of the votes in the new Asian Infrastructure Investment Bank (AIIB), its finance ministry said on Monday, giving it a veto in some key decisions despite Beijing insisting it will not have such powers.

57 countries hold signing ceremony to set up China-led bank: AFP

Last Updated: Monday, June 29, 2015, 07:46

The 57 founding member countries of the China-led Asian Infrastructure Investment Bank began signing articles of association setting up the new institution on Monday.

China-backed AIIB to take concrete shape at founders meeting

Last Updated: Sunday, June 28, 2015, 10:03

One of China`s biggest ever foreign policy successes will take concrete shape on Monday when delegates from 57 countries sign an agreement on the Asian Infrastructure Investment Bank (AIIB) in Beijing.

Australia to join China-led infrastructure bank

Last Updated: Wednesday, June 24, 2015, 15:42

Australia on Wednesday announced that it will join the new China-led Asian Infrastructure Investment Bank as a founding member, contributing about 930 million dollars to the financial institution of which India will be the second-largest shareholder.

Govt has not decided on recapitalisation figures for banks: FM Jaitley

Last Updated: Tuesday, June 23, 2015, 13:15

Talking about the Asian Infrastructure Investment Bank, Jaitley said India will be the second largest shareholder in it after China.

Germany to be fourth-biggest shareholder in AIIB: Document

Last Updated: Tuesday, June 9, 2015, 23:37

Germany plans to take a 4.1 percent stake in the new China-led Asian Infrastructure Investment Bank (AIIB), making it the fourth-biggest member, according to a finance ministry draft document seen by Reuters on Tuesday.