‘One-third of funding by AIIB has gone to India’

Out of the $20 billion in loans issued by the Beijing-based Asian Infrastructure Investment Bank (AIIB), about $6 billion has gone to India, the bank’s second-largest shareholder after China, says D.J. Pandian, who, as the lender’s vice-president of Investment Operations, oversees all sovereign and non-sovereign lending in South Asia and …

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