“The success of this transaction reflects the improvement in the bank’s credit and business profile, which is the result of tremendous work put in by SBI as a team over the years,” SBI Chairman Dinesh Khara said exclusively to ET.
De-dollarisation and its impact on commodities and global trade
For decades, the US dollar has dominated global trade and commodity markets. Most commodities, including crude oil, natural gas, gold, industrial metals, and agricultural products,