Society for Worldwide Interbank Financial Telecommunication Current Affairs, GK & News
The State Bank of India’s (SBI) Shanghai branch has become the first Indian bank to link up with China’s National Advance Payment System (CNAPS). After being a member of the CNAPS, SBI Shanghai can also offer real time transfer of local funds within China by routing them through the PBOC. It eliminates the need of ..
Topics: Clearing • Cross-Border Inter-Bank Payments System • Economy • Finance • Internationalization of the renminbi • Market data • Money • Payment system • Renminbi • Society for Worldwide Interbank Financial Telecommunication • State Bank of India
Arundhati Bhattacharya, former chairman of State Bank of India (SBI) has been appointed as SWIFT India Chairman. She will succeed former banker M V Nair. SWIFT India is a joint venture of top Indian public and private sector banks and SWIFT (Society for Worldwide Interbank Financial Telecommunication).
Topics: Arundhati Bhattacharya • BANK OF INDIA • Banking in India • Bhattacharyya • BSE SENSEX • CNX Nifty • Economy of India • Financial markets • Mavila Vishwanathan Nair • Public Sector Banks in India • Society for Worldwide Interbank Financial Telecommunication • State Bank of India