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  • India only bright spot amid global mkts: World Bank India chief

    Welcoming the relaxation in foreign direct investment (FDI) norms, World Bank's Country Director in India Onno Ruhl said it is important for the government to open up the economy as it needs investment.

  • Banking reforms to go on, macro policies strong: WB on Rexit

    Banking reforms to go on, macro policies strong: WB on Rexit

    Banking reforms led by RBI Governor Raghuram Rajan would not be hampered when he exits in September as India's macroeconomic policies are fairly strong, World Bank Country Director India Onno Ruhl said on June 20

  • World Bank approves $1.5 bn to support clean India campaign

    World Bank approves $1.5 bn to support clean India campaign

    As per World Bank statistics, of the 2.4 billion people who lack access to improved sanitation globally, more than 750 million live in India, with 80 percent living in rural areas.

  • J&K recovery project loan of $250 mn approved by World Bank

    J&K recovery project loan of $250 mn approved by World Bank

    Multi-lateral lender World Bank on Wednesday approved USD 250 million loan for Jhelum and Tawi Flood Recovery Project for reconstruction of flood-affected public infrastructure in Jammu & Kashmir.

  • World Bank to invest $1 bn in Swacch Bharat campaign

    World Bank to invest $1 bn in Swacch Bharat campaign

    In an exclusive interaction with CNBC-TV18‘s Malvika Jain, World Bank‘s country director in India Onno Ruhl said the Washignton-based lender is working on a plan to support the implementation of PM‘s pet project.

  • World Bank to provide $500 m loan for rural water supply

    World Bank to provide $500 m loan for rural water supply

    "The World Bank has approved a USD 500 million credit for the Rural Water Supply and Sanitation (RWSS) Project for Low Income States to improve piped water supply and sanitation services through decentralised delivery systems in the Indian states of Assam, Bihar, Jharkhand and Uttar Pradesh," World Bank said in a release.

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