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Execs yet to decide on investing after EBRD chief's meet
Mint Mumbai
|July 25, 2023
While Indian business leaders recently met the president of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso, they are yet to make concrete investment commitment with the multilateral development bank that funnels investments to build market economies, two people with direct knowledge of the matter said.
“They are on wait and watch mode on investment opportunities," one of the two people cited above said.
Basso, who assumed office as the first woman to chief of the EBRD on 19 July, met with Indian business leaders in New Delhi, to discuss investment opportunities in the countries where the bank operates.
“However, the Indian businesses did not make any firm investment commitments," a second person said. “The situation in Ukraine is a concern for fresh investments in the region," he said.
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