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At BRICS, India must bank on the NDB

India should use BRICS to maximise the grouping’s potential without strengthening Beijing, with the New Development Bank offering a practical avenue for cooperation; strengthening the NDB through greater capital, membership and local-currency lending can make BRICS more relevant

At BRICS, India must bank on the NDB

At BRICS, India must bank on the NDB

What Happened

India should use BRICS to maximise the grouping’s potential without strengthening Beijing, with the New Development Bank offering a practical avenue for cooperation; strengthening the NDB through greater capital, membership and local-currency lending can make BRICS more relevant

Key Details

Original reporting provided by The Hindu.

Why It Matters

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Sources

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