New Development Bank hopes to approve first batch of loans next quarter | Reuters

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)

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Published Date: Feb 28, 2016 22:45 PM | Updated Date: Feb 28, 2016 22:45 PM

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