Finally, and perhaps most importantly, the minimum reserve system of the ECB has been developed so as to be as neutral as possible. The minimum reserve system has two main objectives. The first objective is to stabilise money market interest rates. This will be achieved by requesting that average reserve holdings be above the minimum reserve requirements over monthly periods of time.
The NDB is doing well in mobilising resources for infrastructure development projects and, in 2016 alone, approved seven projects in the BRICS countries with a total value of over $ billion. These projects are all in the areas of renewable and green energy and transportation.