ReferIndia News UK Snubs Global Defence Bank Proposal

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UK Snubs Global Defence Bank Proposal

Published on: Sept. 4, 2025, 4:36 p.m. | Source: Devdiscourse

The UK government has decided not to support plans for the proposed Defence, Security and Resilience Bank (DSRB), marking a setback for the initiative aimed at creating a global state-backed lender. The decision precedes a multinational meeting in London to discuss the bank's potential funding and future.

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