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Small Indian lenders in talks with Russia to finalise trade mechanism: Official

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Reuters had reported large lenders are reluctant to process direct rupee trade transactions with Russia for fear of becoming the target of sanctions over the invasion of Ukraine, and New Delhi is counting on smaller banks like UCO and Yes.



Small Indian lenders in talks with Russia to finalise trade mechanism: Official Reuters had reported large lenders are reluctant to process direct rupee trade transactions with Russia for fear of becoming the target of sanctions over the invasion of Ukraine, and New Delhi is counting on smaller banks like UCO and Yes.

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