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RUSSIAN BANKING LICENCE
BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.- Sberbank plans to go big in India, move rupee surplus into G-SecsSberbank, which processes the largest share of India-Russia trade payments, is also looking at channelling rupee surplus of its investors i...
- Russia cancels banking licence of American Express subsidiaryThe Russian central bank revoked the banking license of American Express's Russian subsidiary after the company filed for voluntary liquida...
- After getting FPI 'Visa' for D-Street, Russians move to open GIFT shopsJust a few months after half a dozen Russian institutions were permitted by the Indian capital market regulator to trade as foreign portfol...
- Sentro Group acquires bank in Russia, eyes rupee-ruble trade"We wish to partner with Indian banks and other financial institutions for mutual Nostro/Vostro accounts, and the bank wants to expand its ...
- Russian banks plan FPI arms to invest private wealth in IndiaRussian banks, including VTB, Sberbank, and Gazprombank, are considering becoming foreign portfolio investors (FPIs) to trade on Indian sto...
- 3 Russian investors register with Sebi to enter FPI listTwo Russian institutional entities and an individual, all based in Moscow, appear in the list of registered foreign portfolio investors (FP...
- UAE cancels licence for Russia's sanctioned MTS bankLarge numbers of Russians have sought a safe haven in the UAE since the Ukraine conflict began. U.S. officials have visited the UAE to disc...
- Petersburg Social Commercial Bank may be a focal point of India-Russia rupee tradeReplacement of European companies in the Russian market by Indian companies is increasing, Vladimir L Pribytkin, the bank’s founder and cha...
- Russian parliament approves tax break for issuers of digital assetsRussia has long voiced scepticism of cryptocurrencies and other digital assets, with the central bank citing concerns over financial stabil...
- Russia makes early debt payment dash in bid to swerve defaultRussia has faced the prospect of sovereign default since Western capitals imposed sweeping sanctions in the wake of its invasion of Ukraine...
- PM Johnson unveils UK's largest-ever sanctions against RussiaThe sanctions include freezing the assets of all major Russian banks, including VTB Bank, the nation's second-biggest bank, Johnson said Th...
- Mukesh Ambani-promoted Reliance Jio gets DoT nod for Universal Telecom LicenceReliance Jio’s application for unified licence and asked the company to deposit Rs 1,673 crore as entry fee, according to documents reviewe...
- Quashed mobile permits: Sistema sets deadline for governmentRussian conglomerate Sistema warned that failure to resolve the issue would hit diplomatic ties between the countries.
- DoT to support Sistema curative petition in Supreme CourtThe telecom department (DoT) has told Russian conglomerate Sistema that it will support its curative petition once it is admitted in Suprem...
- Sistema softens stand, calls for conciliation to resolve disputesSistema, which had threatened India with international arbitration proceedings, has now offered to resolve the dispute through conciliation.
- Sistema to invoke the signed BIT against SC's decision to cancel its 21 telecom permitsRussian conglomerate Sistema has threatened India with international arbitration proceedings if the government fails to resolve the fallout...
- SSTL to complete 20% stake sale to Russian Govt by Q1 in 2011Sistema-Shyam JV was one of the 9 new telecom operators who were given licences in 2008. It is a JV between India's Shyam Group and Russian...
- Russia's Silvinit gets $1.5 bn loan for potash mineRussian potash miner Silvinit has secured a $1.5 billion, three-year loan from VTB Bank that will allow it to pay for a huge deposit of the...
- ICBC seeks to expand in US, Russia: ReportThe Industrial and Commercial Bank of China, the nation's largest lender, has applied for US and Russian banking licences as it seeks to ex...
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