Kotak Mahindra Bank's investment subsidiary raises Rs 5,328 crore to fund infra projects in country
AIIB's Director General in the banking department Dongik Lee said India's infrastructure sector has many assets with operating track records in need of innovative credit solutions.
The fund will be focusing on infrastructure credit and this is the first time where a fund is being set up with significant commitments from global investors, the statement said. (Photo credit: Reuters)