AIIB open to investing in viable Indian infrastructure stressed assets

AIIB open to investing in viable Indian infrastructure stressed assets

Sir Danny Alexander, vice president and corporate secretary at AilB, said the bank will be open to fund governments, banks and private firms through debt, equity and guarantees. Photo: Reuters

India will be the largest borrower for Asian Infrastructure Investment Bank (AIIB), a top official of the Beijing-based multilateral bank said. The bank, he said, will be open to lend or invest in financially viable projects in the infrastructure sector that are currently in a stressed condition.

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