Setting up BRICS Bank won't be easy: ADB chief

Describing banking business as ‘difficult and cumbersome’ process, newly elected chief of Asian Development Bank Takehiko Nakao said on Thursday setting up of the proposed......

No cut in loans for India, Asia

Asian Development Bank will maintain annual lending of $2 billion (Rs 10,750 crore) to India over the next three years.This assurance was given on Sunday by ADB President Takehiko Nakao at a press......

Modi seeks ADB's help to transform Indian Railways

Prime Minister Narendra Modi has invited Asian Development Bank (ADB) to take up India's railway sector as a priority and complete one transformational project which will "create a visible impact".......

ADB to increase India lending by 50% to $12 bn by 2018

ADB pegs India's GDP growth at 7.8 per cent in FY 2015-16 Asian Development Bank proposes to increase lending to India by almost 50 per cent to $12 billion by 2018, ADB President Takehiko Nakao......