The New Development Bank of the BRICS countries have fully disbursed $1 billion emergency assistance loan to India to help it contain the spread of COVID-19. Where is the headquarters of NDB?

The New Development Bank of the BRICS countries have fully disbursed $

1.	The New Development Bank of the BRICS countries have fully disbursed $1 billion emergency assistance loan to India to help it contain the spread of COVID-19. Where is the headquarters of NDB?
Answer» The Shanghai-based New Development Bank of the BRICS (Brazil, Russia, India, China, South Africa) countries have fully disbursed $1 billion emergency assistance loan to India to help it contain the spread of COVID-19 and reduce human, social and economic losses caused by the COVID-19 pandemic. The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April.