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Finance Minister Nirmala Sitharaman meeting AIIB President Zou Jiayi at an international finance conference.
Finance Minister Nirmala Sitharaman meeting AIIB President Zou Jiayi at an international finance conference.
India has urged AIIB to broaden its financing focus to include AI, MSMEs and workforce skilling alongside physical infrastructure. Pasted text
Combined PSU lender to create an infrastructure financing giant with a loan book of over ₹11 lakh crore, subject to regulatory approvals. Highlights:PFC and REC boards approve merger scheme.Combined entity will have a loan book exceeding ₹11 lakh crore.REC shareholders to receive 88 PFC shares for every 100 REC shares.Merger...
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