PM Modi wants proposed BRICS Bank to be ready by 2016

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Brisbane, Nov 15 (ANI): Prime Minister Narendra Modi on Saturday asserted India’s strong interest in seeing the proposed BRICS Bank functioning by 2016, and added that New Delhi would soon nominate its candidate for the position of bank president. In his meeting with BRICS leaders, Prime Minister Modi also made a strong pitch for repatriation of unaccounted money stashed abroad as key priority for India and linked the unaccounted money with security challenges. Besides meeting with BRICS leaders, Prime Minister Modi attended the opening ceremony of the G-20 Summit in Brisbane.

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