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SWIFT

  • Economy

    Why globalisation of India’s state backed UPI will further pick up steam

    by Mahua Venkatesh July 14, 2023
    by Mahua Venkatesh July 14, 2023

    Globalisation of India’s Unified Payments Interface (UPI), which first went beyond the borders in 2021, has steadily progressed. In 2021, Bhutan became the first country to adopt UPI. In just …

  • Economy

    Amid geopolitical shifts, India must be secure and self -reliant in international digital payments: SJM

    by IN Bureau May 24, 2022
    by IN Bureau May 24, 2022

    <p> <strong>Amid heightened geopolitical uncertainties, India’s Aatmanirbhar plank must go beyond manufacturing, the Swadeshi Jagran Manch (SJM) has said.</strong></p> <p> “Payment system is strategic now, given the current situation and …

  • Economy

    Will China be the ultimate gainer of US sanctions against Russia?

    by Mahua Venkatesh March 8, 2022
    by Mahua Venkatesh March 8, 2022

    <p> <strong>Will the slew of sanctions that have been thrashed against Russia by the US and its allies boost China’s rise as an alternative superpower? While China is carefully monitoring …

  • Economy

    Sanctions against Russia disrupt global supply chain network

    by IN Bureau March 6, 2022
    by IN Bureau March 6, 2022

    <p> <strong>Supply chain disruptions have already started denting global trade following the stringent sanctions against Russia. This could delay the post Covid 19 pandemic economic recovery process across the world. …

  • Economy

    After Russian banks barred from accessing SWIFT, Moscow’s alternative payment system opens to global users

    by Mahua Venkatesh March 3, 2022
    by Mahua Venkatesh March 3, 2022

    <p> <strong>Russia’s central bank has decided to allow its domestic payment system to go international as many Russian banks have been disconnected from the SWIFT global payment mechanism following sanctions …

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