On the table: A SWIFT system tailored to push rupee trade :

On the table: A SWIFT system tailored to push rupee trade

India is planning to establish its own international financing messaging system to assist with the government's goal of internationalising the Indian currency, according to insiders. An expert committee is exploring options and is aiming to issue findings by August. State Bank of India, Bank of Baroda and Central Bank of India are among the banks being consulted.

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