Heard of the BRICS Banks yet?
You will... BRICS is the acronym coined to associate five major emerging economies: Brazil, Russia, India, China, and South Africa. The BRICS members are known for their significant influence on regional affairs.[1] Since 2009, the governments of the BRICS states have met annually at formal summits. India hosted the most recent 13th BRICS summit on 9 September 2021 virtually.