On September 10, 2026, the Board of Governors of the New Development Bank (NDB) held a Special Meeting in Mumbai, India.
The Board of Governors approved the Bank’s General Strategy for 2027–2031, under the theme of “Delivering Impact with Purpose, Passion and Partnerships.”
About the New Development Bank
The New Development Bank is a multilateral development bank established in 2015 by Brazil, Russia, India, China and South Africa, with the purpose of mobilising resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs), complementing the existing efforts of multilateral and regional financial institutions for global growth and development. NDB welcomed its first non-founding members in 2021 and has since then continued to expand its membership, positioning itself as a platform for wider collaboration among EMDCs. The Bank’s membership base currently stands at ten countries.