NDB's first loan will be in Chinese currency: Kamath
The NDB opened in Shanghai on July 21 to finance infrastructure projects, mainly in BRICS countries.
Jul 24, 2015, 12:31 PM ISTBRICS bank launched in Shanghai, to work with AIIB
The NDB has initial capital of $50 billion, which will be expanded to $100 billion within the next couple of years.
Jul 21, 2015, 09:34 AM IST