India likely to hold second largest stake in AIIB
The Dollar Business Bureau India is likely to be the second largest shareholder of the Asian Infrastructure Investment Bank (AIIB), while China’s share stands above that of India’s, in the bank intended for infrastructure development in the Asia region. An information in this regard was said to have been given by the delegates attending a meeting of the AIIB's founding members in Singapore, on Friday. While China’s share is expected to be between 25-30%, India’s share is likely to be around 10-15% in the USD$ 100 billion lender aimed at the infrastructure development in the Asian region, informed the delegates, according to the reports. Of the total 57 countries those have joined as the founding members of the AIIB, the ...
