Colombia and Uzbekistan have officially become new member countries of the BRICS New Development Bank (NDB), the bank ...

As World Cup fever recedes, this week in Fortaleza heads of state from Brazil, Russia, India, China, and South Africa (the so-called BRICS countries) agreed to establish a New Development Bank ...

What is the share of each BRICS country in the New Development Bank and how does it work? The NDB was officially created on 15 July 2014 on the occasion of the 6 th BRICS Summit held in Fortaleza, ...

Finance Minister Nirmala Sitharaman on Friday said in today's fast changing world, the mandate for New Development Bank (NDB) ...

Speaking at the 10th Annual Meeting of Board Governors of the New Development Bank, Finance Minister Nirmala Sitharaman on ...

The newly created Chinese-led Asian Infrastructure Investment Bank has drawn much more of Washington’s ire than has the BRICS New Development Bank formed by the five “BRICS” countries of ...

The New Development Bank, a financial institution created by the BRICS bloc of emerging markets, raised 1.5 billion rand ($79 million) at its first-ever South African bond auction.

The New Development Bank has approved a new loan of up to $1 billion to finance water and sanitation projects among poorer households in South Africa, the bank said in a statement on Saturday.

The New Development Bank is having trouble finding dollar funds to repay debts, the Wall Street Journal said. It was established by the BRICS bloc of nations to offer alternatives to dollar ...