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Small finance banks offer high interest rates Two banks: their jubilees and performances Perhaps small is more beautiful than big! The collaboration suite of cyber criminals Anytime banking to anywhere banking Financial inclusion vs unclaimed deposits Another route for achieving financial inclusion Banking on Risk Insatiable appetite for credit Good, bad and ugly How ‘secure’ are the secured loans? All that glitters is not gold... How okay are new banks? Drop in SLR- sparing lendable resources Holy or unholy? Mega merger is on Indian customers are tech savvy Who is the real beneficiary? Banking overhauling or reorganisation? A new development bank rising in the east… Greet Lakshmi the banking robot Reaching out: is it slowing down? Big bank merger, bigger expectations Lacklustre credit expansion Targets continue to be ad hoc Cut in repo rate – lower than expected Thirty more cities seek to become SMART A development bank for BRICS Bottomlines shrink, bad loans rise... Why priority status? New bank licences, at last... Nothing much can happen…. Banking in Telangana Drastic decline in asset quality LVB- A supermarket of financial services Capital base of regional rural banks raised Monetary policy continues to adopt dis-inflationary path Payment banks have arrived From lazy banking to easy banking What is the priority – mergers or NPA reduction? Smart banking in smart cities It’s a war on black money, support it. Reaching the Unreached… Hesitancy in announcing year-end results Cradle of banks to a smart city... Stage set for Indian ‘avatar’ of foreign banks Emerging crisis Ernakulam excels... Well-lived... A bank for women, by women Cautious and considerate Growing volume of stressed assets… Growing gainfully Managing NPAs... New capitals of Migrant banks Needed a Banking Atlas Governance in Reverse Gear? Rationalised Ferrying digital banking to Lakshadweep Just 660 days! Target over-ambitious... Merger mania haunts banks Small is ‘more’ beautiful United India Insurance - Rs 110 crore losses have been claimed till now due to floods in Tamil Nadu Small finance payment banks... Aadhaar, niraadhaar and banking The paradox: clamour for the Goliath and David Bank deposits account for 46.3 per cent of household savings Too big to fail and too small to sail Fund healthcare clinics in villages... Why any time money? One down in private sector Grows Bigger
 
A new development bank rising in the east…
After the formation of BRICS Bank with its headquarters in Shanghai, another bank sponsored by a group of 21 countries in the East, is coming up in Beijing. It will be called the Asian Infrastructure Investment Bank.

India is one of the prominent members of the founders’ group. Japan, South Korea and Indonesia are yet to join in. The West is understandably upset as the World Bank and the financial institutions in Europe may lose their importance. The Asian Development Bank (ADB), on the other hand, concedes the need for a bank like this to meet the growing demand for investments in infrastructure in this region.

Investments in infrastructure are of strategic importance for economic development. Many of the countries among the 21 signatories, including India, need huge investments to expand their infrastructure facilities.

The main objective of the new bank is to channelise the investments into infrastructure development, adopting multi-country investment projects through collaboration, wherever necessary. Investments required are very huge. According to an estimate by the Asian Development Bank, the developing countries in the Asian region require an investment of 8 trillion dollars during the decade 2010-20, for meeting the requirements of the present infrastructure facilities.

Indian economy’s investment requirements are massive. National highways need special attention in investment. “If you want to become rich, invest on roads,” says a Chinese proverb. Good roads contribute silently to the welfare of various sections of the society in addition to contributing to the economic development.

Indian Railways is in dire need of investments for expansion and for improving its operational efficiency. Power sector continues to be a bottleneck, hindering growth of the economy.

Indian infrastructure companies should take up development projects funded by the bank in different countries. Perhaps, they can take advantage of the absence of Japan and South Korea in the Bank’s group, seeking preferential treatment from the member countries in offering projects for execution in their countries.

 

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