NIIFL To Invest $100 Million From New Development Bank Into The NIIF Fund Of Funds
NIIFL to invest $100 million from New Development Bank into the NIIF Fund of Funds Xian Zhu, VP and COO of NDB noted that the investment will provide India’s private sector with additional funds during the time of crisis Representative Image The National Investment and Infrastructure Fund (NIIFL) on February 11 announced a commitment of $100 million from the New Development Bank (NDB) into the NIIF Fund of Funds (FoF) taking the FoF's secured funding commitments to $800 million. With this, the NDB joins the Government of India (GoI), Asian Infrastructure Investment Bank (AIIB) and Asian Dev...
Source: moneycontrol.com