Entertainment » OtherPosted at: Oct 16 2016 4:51PM NDB targets revenue of 2.5 billion dollar next year: KamathBenaulim, Goa, Oct 16 (UNI) New Development Bank (NDB) President, K V Kamath today said that the bank was targeting an revenue of 2.5 billion dollar in coming year. Speaking on the sidelines of BRICS Summit, he said, 'We are targeting incremental revenue of 2.5 billion dollar for the next year and we believe that this will be largely in the area of sustainable infrastructure, green infrastructure and plan to raise 1.5 billion dollar through bonds.” He said member countries, including India would be approached to mobilise funds through the bond market. “At the operational level we have approved loans in each of our member countries of 911 million dollar and there are some more loans in the pipeline in the current year,” he said, adding that the bank had begun the process of establishing its credentials as an institution which supported green and sustainable infrastructure.Please log in to get detailed story.Tags: #NDB targets revenue of 2.5 billion dollar next year: Kamath