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Despite the perception of multilateral development banks as forces of good with do-no-harm mandates, the evidence shows they do actually cause harm. The AIIB was the first such bank to include an oversight mechanism in its founding documents, but it is nearly impossible for people affected to access it.
AIIB sells five-year US dollar bonds to over 130 global investors to finance green infrastructure projects in Asia.
THE BRICS grouping has long been distinguished by a consistent failure to live up to potential.
The funds raised will be used to refinance the existing debt of the solar projects that are being housed under the InvIT, including repayment of loans provided by Mahindra Susten.
The funds raised will be used to refinance the existing debt of the solar projects that are being housed under the InvIT, including repayment of loans provided by Mahindra Susten.