India’s USE Adds SBI As Clearing Bank

India’s United Stock Exchange has added State Bank of India to its clearing and settlement banks list.

India’s United Stock Exchange (USE) has added State Bank of India (SBI) to its clearing and settlement banks list. USE now has 10 clearing and settlement banks.

The exchange has 408 trading members and received a total of 529 applications. Currently, USE offers four currency pairs, USD-INR, BP-INR, Euro-INR and Yen-INR.

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