Monday, January 6, 2025

Russia-Ukraine War: Russia is India's friend, then why did SBI ban transactions with Russian institutions? - SBI stops transactions related to Russian firms under sanctions amid Ukraine war


It said that no transaction of any kind will be done with the entities, banks, ports or ships included in the sanctioned list of the US, European Union or United Nation (UN). Sources said that the amount to be paid to the banned institutions will be done through other arrangements instead of banking medium.

https://aiearth.us/world-news/russia-ukraine-war-russia-is-indias-friend-then-why-did-sbi-ban-transactions-with-russian-institutions-sbi-stops-transactions-related-to-russian-firms-under-sanctions-amid-ukraine-war/