Indian Polity & Governance·Landmark Judgments

New Development Bank — Landmark Judgments

Updated 5 Mar 2026

Landmark Judgments

New Development Bank Act, 2015 - Parliamentary Ratification

2015

The Indian Parliament's ratification of the New Development Bank Act, 2015, established the legal framework for India's participation in the NDB. The Act provided statutory…

RBI Guidelines on NDB Operations in India

2016

The Reserve Bank of India issued comprehensive guidelines governing NDB's operations in India, including foreign exchange regulations, project financing norms, and reporting…