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Awaiting govt, RBI guidelines on SWIFT transactions with Russian entities: PNB

Awaiting govt, RBI guidelines on SWIFT transactions with Russian entities: PNB

by AIP Online Bureau | Mar 6, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

SBI is learnt to have issued a circular as it fears that any transaction with entities or sectors under sanction will invite sanctions on it as well. Russia is one of the biggest suppliers of defence products and equipment to India mostly under...

Investors brace for volatility as West moves to cut Russia off from SWIFT

by AIP Online Bureau | Feb 27, 2022 | International News, Regulation, Risk Management, Technology

The latest measures could send markets on another wild ride, as traders assess the implications for the global economy, including potentially higher commodity prices and inflation Investors were preparing on Saturday for more wild gyrations in asset prices after...

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