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Sitharaman on BRICS bank

T
TIMES NOW

97 Views • Jul 16, 2014

Description

Minutes after the agreement on BRICS development bank was signed, TIMES NOW's Political Editor Navika Kumar, who is in Fortaleza caught up with MoS Finance Nirmala Sitharaman. In a major victory for India, the BRICS Summit decided to establish the new development bank with an initial authorised capital of USD 100 billion for which the initial subscribed capital will be