Transport infrastructure in India has emerged as one of the biggest recipients of loans under the Asian Infrastructure Investment Bank's ( AIIB ) Covid-19 Crisis Recovery Facility ( CRF ). The country had grown to be the biggest recipient of AIIB funding as of last year, and its share of the overall loan book is likely to grow further via the CRF. which the AIIB is conducting both via standalone loans and in co-operation with other multilateral development banks.