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RBI had warned banks thrice on possible misuse of SWIFT system

The Reserve Bank of India on Tuesday said it had confidentially cautioned and alerted banks on the possible misuse of SWIFT, the tool used for international money transfer, on at least three occasions since August 2016. Read the full story at https://timesofindia.indiatimes.com/business/india-business/rbi-had-warned-banks-thrice-on-misuse-of-swift-system-since-august-2016/articleshow/63001782.cms SOURCE: Times of India

India to soon trade in rupee with UAE, Malaysia and Nigeria


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