Digging Deeper: Nirav Modi is caught but has the banking sector caught up with the Swift changes?

Swift – except for the few people in the area of financial transactions very few others knew about SWIFT, let alone what it was all about. It was with the unravelling of Nirav Modi’s manipulation of SWIFT in his scamming of Punjab National Bank that we, at least in India, came to grips with SWIFT. All you need to know about SWIFT is what we dig deep into on this edition of Digging Deeper with Moneycontrol with me, Rakesh Sharma.