Are you preparing for exams like SSC, Banking, RRB NTPC, UPSC, or state-level exams? Then you must know about the International Financial Institutions that often appear in current affairs questions.
These include the World Bank (WB), International Monetary Fund (IMF), Asian Development Bank (ADB), New Development Bank (NDB), Japan International Cooperation Agency (JICA), and International Finance Corporation (IFC).
In this post, we will look at the latest news, reports, and projects related to these global bodies in 2025. This information is very useful for your general awareness and helps you answer questions in the exam quickly.
Let’s explore what these institutions are doing around the world and in India. Stay updated and boost your score with these exam-focused current affairs!
International Financial Institutions in News 2025
March 2025
- World Bank Report on India’s Economic Growth: According to the World Bank’s report titled “Becoming a High-Income Economy in a Generation,” India needs to maintain an average growth rate of 7.8% over the next 22 years to achieve high-income status by 2047.
- IMF’s Financial System Assessment Report: The International Monetary Fund (IMF) has released the “India Financial System Stability Assessment” report, highlighting stress in NBFCs (Non-Banking Financial Companies) and their potential risks to the stability of India’s financial system.
- ADB’s Frontier Seed Program: The Asian Development Bank (ADB) has launched the ‘Frontier Seed (Pacific) Program’, aimed at developing local capital markets and supporting inclusive and sustainable businesses in frontier markets.
- Dilma Rousseff Re-elected as NDB President: Dilma Vana Rousseff has been re-elected as the President of the New Development Bank (NDB), with her new term extending until 2030.
- Indonesia Joins New Development Bank: Indonesia has recently become a member country of the New Development Bank (NDB), further expanding the institution’s global presence.
February 2025
- The Kerala government approved the Kerala Health System Improvement Programme with a ₹2,424.28 crore loan from the World Bank.
- International Finance Corporation (IFC) invested ₹860 crore in India’s 1st Sustainability-linked Bond (SLB) in the road sector, issued by Cube Highways Trust (Cube InvIT).
- Nagaland Forest Management Project (NFMP) won the SKOCH Award 2024, assisted by Japan International Cooperation Agency.
- Japan International Cooperation Agency (JICA) and the Uttarakhand government signed the ‘Records of Discussions’ to boost horticulture production in Tehri Garhwal & Nainital.
January 2025
- CCI Approval: The Competition Commission of India (CCI) approved three organizations to acquire a stake in Fourth Partner Energy Limited (FPEL), excluding the New Development Bank (NDB).
- CCDR Report: The World Bank published the ‘Country Climate and Development Report (CCDR)’, estimating that Cabo Verde needs $842 million (2024-2030) to tackle climate and development challenges.
- PFC Loan Agreement: Power Finance Corporation Limited (PFC) signed a ₹6,600 crore (120 billion JPY) loan agreement with Japan Bank for International Cooperation (JBIC) to support renewable energy projects in India.
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