Wednesday, March 16, 2022

India-Russia explore non-SWIFT payment systems

Intro:

India and Russia are exploring opening alternative payment options as most Russian banks are now cut from the SWIFT financial system.

It's a mechanism that most banks use for international transactions.

But now the countries may use their indigenous technology to transfer money, as Ishan Garg reports from New Delhi.

IN: India and Russia...
OUT: SOC
Duration: 47 seconds