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PM Modi bats for more investments from AIIB, says India is investor-friendly

He called upon the Beijing-headquartered bank to quadruple its financing to reach $40 billion by 2020 and escalate it 25 times to $100 billion by 2025. Prime Minister Narendra Modi on Tuesday pitched for greater long-term investment from multilateral development lender Asian Infrastructure Investment Bank (AIIB), spelled out India’s sound macroeconomic fundamentals and investor-friendly rules […]

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