Sunday, February 27, 2022

Indian banks await government orders on dealing with Russian lenders

The government hasn't given any official instructions on blocking the banks, said a person familiar with the matter. It will be business as usual till the government orders otherwise. The official added that the sanctions imposed by the US and its allies will not impact trade flows between India and Russia.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-banks-await-government-orders-on-dealing-with-russian-lenders/articleshow/89882187.cms

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