SHANGHAI The New Development Bank will hopefully approve its first batch of loans in the next quarter, bank president K.V. Kamath said on Saturday, speaking at a briefing prior to a signing ceremony for the "BRICS bank" established by Brazil, Russia, India, China and South Africa (BRICS).
(Reporting by Brenda Goh; Editing by Jacqueline Wong)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Published Date: Feb 28, 2016 10:45 pm | Updated Date: Feb 28, 2016 10:45 pm