India joins talks to set up SCO Development Bank
- Posted on September 2, 2026
- By Business News Today
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- 1 min read
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India joins talks to set up SCO Development Bank
India is taking notable steps to establish a new SCO Development Bank, with member nations moving towards finalizing the foundational documents for this crucial financial entity. Both Russia and Kazakhstan have shown interest in hosting the headquarters. The bank aims to finance collaborative economic projects while enhancing trade partnerships, marking a significant push for financial independence from traditional systems used for manipulation.
