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The State Bank of India (SBI) chairman has long argued that, by design, payments banks don’t have a business model. Of the 11 companies that … 8 percent (the approximate yield on one year paper), would mean no real business. The …

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released a white paper earlier this month saying its pilot, for a blockchain platform to settle trade finance transactions, had been successful. The banks involved in the larger pilot, including State Bank of India, are working with New York …

In 2017, the total value of bad debts resolved by the banks in co-operation with the VAMC was VNĐ30.7 trillion, much higher than the target set by the State Bank …