Russia Proposes SWIFT Alternative to India for Ruble Payments
Published on: Wednesday 30 March 2022
Russia also wants India to link its UPI with their MIR payments system for seamless use of cards issued by Indian and Russian banks. This, after Visa and Mastercard exited the nation due to the Ukraine war.
News source: https://www.bloombergquint.com/business/russia-proposes-swift-alternative-to-india-for-ruble-payments
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India scraps tax on overseas bond investors in bid to attract foreign capital and shore up the rupee
