Together, the five members of BRICS account for 25 percent of global gross domestic product and 40 percent of the world's population. The need for a BRICS Development Bank is timely in view of the growing trade among the BRICS countries as well as massive infrastructure roll-out programmes in the pipeline, which gives all the more reason to create a development bank to ensure that the infrastructure development needs get much-needed funding. Time has been set aside to discuss salient issues and perspective on a roadmap to establish a development bank, effectively and efficiently.