SWIFT India

The revised valuation represents a massive 49% decrease from the $10.7 billion valuation

Countries to accept trading partners' currency; move aimed at reducing dollar dependence

Indians overseas remitted $87 billion last year, the biggest inflow for any country tracked by the World Bank

Actually, interconnectedness and co-dependence preserve strategic autonomy

The world can only build effective mechanisms to deter aggressors if countries such as India have a voice in them.

Banks will get 10 days to complete the processing of payments to avoid near-term problems for businesses

The platform enables financial institutions to send and receive information about financial transactions in a secure environment

If China is already off the mark with its digital currency, who will the future belong to when this ultimate goal is achieved?

Bhattacharya will succeed former banker M V Nair, who is stepping down after completing five years with the company