Swift India

US based Invesco further slashes Swiggy's valuation to $5.5 billion

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

Asian countries in talks for settling trade in domestic currencies

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

Alternative to SWIFT: NPCI plans to take the UPI system to 32 million NRIs

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

Ukraine's globalisation lesson

Actually, interconnectedness and co-dependence preserve strategic autonomy

Hurting from sanctions on Russia, India is losing faith in the West

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

State Bank of India's exposure to Russia, Ukraine less than $10 mn

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

SWIFT is a unique platform, says CEO Kiran Shetty

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

Translating economic scale into financial heft

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

SWIFT India ropes in ex-SBI chief Arundhati Bhattacharya as board chairman

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