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Business Standard
31-07-2025
- Business
- Business Standard
AIIB sees India exposure rising to $20 billion over next five years
Vice President for Investment Solutions Ajay Bhushan Pandey said AIIB plans to increase annual lending to about USD 17 billion over the next few years, up from the present USD 10 billion Press Trust of India Mumbai Multilateral lender AIIB's exposure to India may grow to reach $20 billion over the next five years from the present $12 billion, a senior official said on Thursday. The Asian Infrastructure Investment Bank (AIIB) has asked all potential borrowers to undertake an exercise to list out a pipeline of possible projects which it can lend to, its Vice President for Investment Solutions Ajay Bhushan Pandey told reporters here. "The $12 billion India exposure can become $20 billion in the next 4-5 years," said Pandey, a career bureaucrat who joined the bank post-retirement, on the sidelines of a FICCI industry event here. He said AIIB plans to increase annual lending to about $17 billion over the next few years, up from the present $10 billion. "We about $2-3 billion of the additional $7 billion can come to India (annually)," Pandey said, noting that India is already the largest borrower in its $ 60 billion portfolio. India is the second-largest shareholder in AIIB, which was established in 2016 and currently has 320 projects across 38 countries, he added. "We want to pass on the maximum benefits to India and Maharashtra in specific, given the huge infrastructure investment needs in the country," Pandey said, ahead of his scheduled meeting with state Chief Minister Devendra Fadnavis. Declining to specify the projects where it plans to commit resources, Pandey said AIIB will be happy to finance dams, data centres, IT parks, manufacturing parks, water, waste and waste-to-power projects. The exact details of the projects have to come from the borrower, he maintained. Pandey, an IAS officer of the Maharashtra cadre, is leading a 13-member team of AIIB that has already met Finance Minister Nirmala Sitharaman and senior officials from various ministries. The team will also meet the newly created Development Finance Institution (DFI), National Bank for Financing Infrastructure and Development (NaBFID), during its Mumbai visit, he added. AIIB could co-lend with NaBFID, provide loan guarantees, or offer takeout financing, Pandey said, adding that the multilateral bank can take long-term exposures of up to 30 years, while domestic institutions can focus on short-term lending. He also urged borrowers to build transaction advisory capabilities as part of project development. When asked about geopolitical developments and the impact he sees on AIIB, Pandey exuded confidence that it will not be impacted by any events. "We are a professionally run entity, and confident of not being impacted by the geopolitical churn. Over the last ten years, there has been a big churn on the geopolitical front, but we have continued with our lending operations and grown our book to $ 60 billion," he said.
Time of India
31-07-2025
- Business
- Time of India
AIIB sees India exposure growing to USD 20 bn in 5 yrs from USD 12 bn
Multilateral lender AIIB's exposure to India may grow to reach USD 20 billion over the next five years from the present USD 12 billion, a senior official said on Thursday. The Asian Infrastructure Investment Bank (AIIB) has asked all potential borrowers to undertake an exercise to list out a pipeline of possible projects which it can lend to, its Vice President for Investment Solutions Ajay Bhushan Pandey told reporters here. Explore courses from Top Institutes in Please select course: Select a Course Category Cybersecurity Design Thinking Public Policy Technology MBA Leadership Data Analytics Artificial Intelligence Data Science Degree Data Science others Product Management Healthcare Finance Management Others Project Management Operations Management MCA CXO healthcare Skills you'll gain: Duration: 10 Months MIT xPRO CERT-MIT xPRO PGC in Cybersecurity Starts on undefined Get Details "The USD 12 billion India exposure can become USD 20 billion in the next 4-5 years," said Pandey, a career bureaucrat who joined the bank post-retirement, on the sidelines of a FICCI industry event here. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like SRM Online MBA | India's top ranked institute SRM Online Learn More Undo He said AIIB plans to increase annual lending to about USD 17 billion over the next few years, up from the present USD 10 billion. "We about USD 2-3 billion of the additional USD 7 billion can come to India (annually)," Pandey said, noting that India is already the largest borrower in its USD 60 billion portfolio. Live Events India is the second-largest shareholder in AIIB, which was established in 2016 and currently has 320 projects across 38 countries, he added. "We want to pass on the maximum benefits to India and Maharashtra in specific, given the huge infrastructure investment needs in the country," Pandey said, ahead of his scheduled meeting with state Chief Minister Devendra Fadnavis . Declining to specify the projects where it plans to commit resources, Pandey said AIIB will be happy to finance dams, data centres, IT parks, manufacturing parks, water, waste and waste-to-power projects. The exact details of the projects have to come from the borrower, he maintained. Pandey, an IAS officer of the Maharashtra cadre, is leading a 13-member team of AIIB that has already met Finance Minister Nirmala Sitharaman and senior officials from various ministries. The team will also meet the newly created Development Finance Institution (DFI), National Bank for Financing Infrastructure and Development (NaBFID), during its Mumbai visit, he added. AIIB could co-lend with NaBFID, provide loan guarantees, or offer takeout financing, Pandey said, adding that the multilateral bank can take long-term exposures of up to 30 years, while domestic institutions can focus on short-term lending. He also urged borrowers to build transaction advisory capabilities as part of project development. When asked about geopolitical developments and the impact he sees on AIIB, Pandey exuded confidence that it will not be impacted by any events. "We are a professionally run entity, and confident of not being impacted by the geopolitical churn. Over the last ten years, there has been a big churn on the geopolitical front, but we have continued with our lending operations and grown our book to USD 60 billion," he said.
Economic Times
30-07-2025
- Business
- Economic Times
AIIB building a robust pipeline of Indian projects to fund: Vice-president Pandey
Synopsis The Asian Infrastructure Investment Bank (AIIB) aims to expand its presence in India by increasing funding for both sovereign and private sector projects, particularly in clean energy, green mobility, and digital infrastructure. India is currently the largest recipient of AIIB funds, and the bank plans to increase its overall annual financing target, providing more opportunities for Indian projects. Agencies The AIIB has 110 members. India is the second-biggest shareholder with a 7.57% voting share in the multilateral bank, trailing China that has 26.52%. The Asian Infrastructure Investment Bank (AIIB) is looking to expand its India footprint and widen its pipeline of both sovereign and private sector projects to fund, said Ajay Bhushan Pandey, vice president (investment solutions) at the Beijing-based multilateral focussing on sectors, including clean energy, green mobility, affordable housing, data centre and other digital infrastructure, he is the largest recipient of AIIB funds and accounts for a fifth of the lender's $60 billion financing since inception nine years ago, Pandey said. Of the $12 billion that Indian projects have received so far, the private sector's share stands at $1.8 billion, he lender, Pandey said, aims to expand its overall annual financing target to about $17 billion in 3-4 years from $10 billion now. This will leave greater funding space for India and other AIIB has 110 members. India is the second-biggest shareholder with a 7.57% voting share in the multilateral bank, trailing China that has 26.52%. AIIB is willing to play its role not just as a financier but also as a catalyst for governments and private players to raise funds using the backing of the multilateral bank that has an AAA its participation in a project, including the private ones, can potentially encourage other lenders and investors to join in, significantly bolstering the availability of finances for the focusPandey and his team are meeting various government functionaries and private players during their India AIIB will work with various ministries to create a very sound pipeline of sovereign projects, Pandey said. 'Similarly, we will work with private sector players to create the pipeline of the projects where we can finance through all the options that are available," he is scheduled to meet senior officials from the ministry of health later on Tuesday and those from the power ministry on Wednesday. He huddled with the water resources secretary on Monday and a number of issues, including the revival of dams, interlinking of rivers and the Namami Gange programme (meant for curbing pollution and rejuvenating the Ganga), were will meet Maharashtra chief minister Devendra Fadnavis and senior state officials to discuss infrastructure projects in both public and private sectors.
Time of India
30-07-2025
- Business
- Time of India
Building a Robust Pipeline of Indian Projects to Fund: AIIB
New Delhi: The Asian Infrastructure Investment Bank (AIIB) is looking to expand its India footprint and widen its pipeline of both sovereign and private sector projects to fund, said Ajay Bhushan Pandey, vice president (investment solutions) at the Beijing-based multilateral lender. It's focussing on sectors, including clean energy, green mobility, affordable housing, data centre and other digital infrastructure, he said. India is the largest recipient of AIIB funds and accounts for a fifth of the lender's $60 billion financing since inception nine years ago, Pandey said. Of the $12 billion that Indian projects have received so far, the private sector's share stands at $1.8 billion, he added. The lender, Pandey said, aims to expand its overall annual financing target to about $17 billion in 3-4 years from $10 billion now. This will leave greater funding space for India and other countries. The AIIB has 110 members. India is the second-biggest shareholder with a 7.57% voting share in the multilateral bank, trailing China that has 26.52%. AIIB is willing to play its role not just as a financier but also as a catalyst for governments and private players to raise funds using the backing of the multilateral bank that has an AAA rating. Plus, its participation in a project, including the private ones, can potentially encourage other lenders and investors to join in, significantly bolstering the availability of finances for the project. India focus Pandey and his team are meeting various government functionaries and private players during their India visit. The AIIB, Pandey said, will work with various ministries to create a very sound pipeline of sovereign projects. "Similarly, we will work with private sector players to create the pipeline of the projects where we can finance through all the options that are available," he added. Pandey is scheduled to meet senior officials from the ministry of health later on Tuesday and those from the power ministry on Wednesday. He huddled with the water resources secretary on Monday and a number of issues, including the revival of dams, interlinking of rivers and the Namami Gange programme (meant for curbing pollution and rejuvenating the Ganga), were discussed. He will meet Maharashtra chief minister Devendra Fadnavis and senior state officials to discuss infrastructure projects in both public and private sectors.
Time of India
30-07-2025
- Business
- Time of India
AIIB looks to up exposure to India
The Asian Infrastructure Investment Bank (AIIB) plans to increase its investment exposure in India from $12 billion to $16-17 billion over the next two to three years. This expansion is driven by a focus on private sector projects, particularly in renewable energy, green mobility, and affordable housing. NEW DELHI: Asian Infrastructure Investment Bank (AIIB) is looking to increase its exposure to India from $12 billion to $16-17 billion over next two-three years, on the back of an increased exposure to the private sector, a senior executive said Tuesday. "There is a massive requirement for funds to build infrastructure around the world and more so in India. Given the govt's expenditure commitments, the private sector has to step up investments in infrastructure and it can use the facilities, including funding offered by AIIB. Our funding will help catalyse private investment. AIIB is also looking to significantly ramp up its exposure to the private sector in India from the current $1.8 billion. Commercial banks can also tap into our resources. Apart from funding we also offer constant monitoring of projects and global best practices," said AIIB vice president Ajay Bhushan Pandey. The multilateral development agency has identified renewable energy, green mobility, and affordable housing as top focus areas. "We are also open to finance digital infrastructure like data centres, AI and digital communication. The scope is very wide. If there are innovative projects, such as those related to AI or even semiconductors, we can work to make them more bankable and provide funding. AIIB's definition of infrastructure, apart from traditional infrastructure like energy, transport, water etc, includes health, education and digital and the scope is quite wide," said Pandey, a former finance secretary. AIIB acts like an anchor and helps companies financed by it raise funds from other international agencies and investors. The agency is looking to increase its annual funding to all countries from around $10 billion to $17-18 billion, with half the money likely to flow to the private sector by 2030. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
