NDB Lending Rises During India's BRICS Chairmanship, Bolstering Alternative Finance

The New Development Bank (NDB) has increased lending activity during India's BRICS presidency year, with India as a founding member and major borrower. The report highlights the bank's quiet but steady expansion, though it does not specify new commitments or disbursement figures. This signals continued momentum for BRICS-led development finance as an alternative to Western-led institutions, reinforcing geopolitical alignment among member states.