As India graduates to a middle-income country and becomes ineligible for soft loans from World Bank, the government is working out a transitional arrangement with the multilateral institution till......
India was the World Bank's favourite last financial year when it came to extending financial aid in the form of loans, both among developing countries and the world's poorest nations. The World......
The World Bank's executive board unanimously selected 63-year-old Malpass, who is currently Under Secretary of Treasury for International Affairs, as the bank's 13th President for a five-year term......
World Bank Group President Jim Yong Kim will meet Prime Minister Narendra Modi this week to understand his development priorities. Kim, who arrives in New Delhi tomorrow on a three-day visit to the......
On Wednesday, the World Bank announced a new innovative and flexible financing arrangement for India -- one of its largest client countries -- allowing it to obtain substantial and additional......