Implications for Banking and Finance from the Brics Summit 2024: A Way Forward for Stronger Collaboration

This short communication paper presents an overview of the BRICS Summit 2024, which was held in Kazan, Russia, from October 22 to 24, focusing on its implications for finance and banking. During the summit, BRICS nations deliberated on building alternative payment channels, fostering long-term financial growth, and expanding the role of the BRICS Development Bank to support sustainable projects. These discussions and outcomes have significant implications for India's financial sector.

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Publication Details

Journal
International Journal of Advances in Social Sciences
Published
2024-12-27
DOI
https://doi.org/10.52711/2454-2679.2024.00033
Primary Topic
Banking stability, regulation, efficiency
Type
article
Field-Weighted Citation Impact
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Implications for Banking and Finance from the Brics Summit 2024: A Way Forward for Stronger Collaboration

Reetika Verma
International Journal of Advances in Social Sciences
Banking stability, regulation, efficiency
article

Implications for Banking and Finance from the Brics Summit 2024: A Way Forward for Stronger Collaboration

Reetika Verma
article en

Abstract

This short communication paper presents an overview of the BRICS Summit 2024, which was held in Kazan, Russia, from October 22 to 24, focusing on its implications for finance and banking. During the summit, BRICS nations deliberated on building alternative payment channels, fostering long-term financial growth, and expanding the role of the BRICS Development Bank to support sustainable projects. These discussions and outcomes have significant implications for India's financial sector.

International Journal of Advances in Social Sciences
Central University of Punjab (IN)
Openalex Percentile: Top 62%
Banking stability, regulation, efficiency
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