State Bank of India stops handling trade with sanctioned Russian entities: Sources

State Bank of India stops handling trade with sanctioned Russian entities: Sources

State Bank of India stops handling trade with sanctioned Russian entities: SourcesMar 1, 2022, 12:33 AM IST

"No transactions involving entities, banks, ports or vessels appearing" on a U.S., European Union or United Nations sanctions list shall be processed irrespective of the currency of the transaction, said a letter sent by State Bank of India (SBI) to certain clients.

Lenders vote on RNEL resolution proposalsMar 1, 2022, 10:51 AM IST

The Gujarat National Company Law Tribunal also disqualified Citi Securities and Financial Services from being part of the committee of creditors (CoC) according to an order dated February 22.

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