Urjit Patel, India's central bank govenor For the first time ever, India’s 82-year-old central bank, the Reserve Bank of India (RBI), will have a chief financial officer with domain expertise to oversee sweeping reforms.
Alipay is partnering with banks around the world to provide its Chinese customers with seamless service at their preferred tourist destinations, with Italy’s UniCredit Bank following France’s BNP Paribas and Barclays in the UK.
The government of India has set up a new type of bank intended to support funding for large projects.
China’s “One Belt, One Road” (OBOR) initiative is the most ambitious overarching infrastructure project to be proposed in the modern era, and it requires ambitious financing.
Using Silk Road bonds as a funding vehicle for the vast capital needs of the One Belt, One Road (OBOR) project appears a handy catchall subsuming devilish details.