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'Bank of Baroda stops clearing payment for above-cap Russian oil'
Bank of Baroda, India's third-largest state-run lender, has stopped approving payments for Russian oil sold above the price cap established by the West in a move that may speed up a transition towards a rupee trade mechanism between the countries, according to sources with knowledge of the matter.
Bank of Baroda, India's third-largest state-run lender, has stopped approving payments for Russian oil sold above the price cap established by the West in a move that may speed up a transition towards a rupee trade mechanism between the countries, according to sources with knowledge of the matter. 
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