Govt allows SBI, HDFC, Axis Bank & 12 others to import gold, silver until March 2029The central government has permitted 15 top banks, including the State Bank of India, HDFC Bank, Bank of India and others to import gol...
17 Apr, 2026, 02.20 PM IST
US removes former Sberbank executive Alexandra Buriko from sanctions listThe United States has lifted sanctions on Alexandra Buriko, former CFO of Russia's Sberbank. Buriko, alongside other executives, had steppe...
30 Dec, 2025, 09.00 PM IST
Russia's Sberbank allowed to import gold into IndiaIndia has authorized Russia's Sberbank to import gold into the country. This inclusion is effective from June 25, 2025, until March 31, 202...
20 Dec, 2025, 12.27 AM IST
Gurmeet Chadha hails Russian Sberbank’s MF route into Indian equities, calls it a model for global expansionSberbank’s launch of a Nifty 50-linked mutual fund gives Russian investors direct access to Indian equities. Experts say the move can expan...
06 Dec, 2025, 12.20 PM IST
After DeepSeek leap forward, Russia's Sberbank plans joint AI research with China"Sberbank has many scientists. Through them, we plan to conduct joint research projects with researchers from China," Sberbank first deputy...
06 Feb, 2025, 12.56 PM IST
Russia's Sberbank says India business booming despite Western sanctionsRussia's trade with India is thriving, with Sberbank handling up to 70% of Russian exports to the country. Trade between the two nations ne...
03 Sep, 2024, 01.29 PM IST
Rupee-rouble settlement volume up seven times from 2022: SberbankIndia’s oil purchases from Russia jumped after the war as New Delhi purchased discounted crude. The share of Russian oil in India’s total i...
16 Apr, 2024, 08.14 AM IST
Russia’s Sberbank to set up IT unit in Bengaluru, to hire 200 specialistsWhile Sber's India branch has been active in New Delhi since 2010 and offers a wide range of financial services, the Bangalore office will ...
27 Jul, 2023, 04.22 PM IST
Sberbank’s tech push shows Russia’s growing reliance on its top bankOnce a Soviet savings behemoth, Sberbank’s image has gradually been transformed under CEO German Gref, who has overseen investments into ar...
04 May, 2023, 03.48 PM IST
Russia, India plan to drop use of US dollar, euro in bilateral trade: Russian diplomatIf the two countries switch to rupee-rouble settlement without addressing trade imbalance, then Russian banks that accept rupee payments fr...
24 Dec, 2022, 11.41 PM IST
Indian refiners becoming wary of buying Russian oil as EU sanctions loom: SourcesReliance Industries Ltd, operator of the world's biggest refining complex and a major customer for Russia, has not placed orders yet for Ru...
17 Nov, 2022, 06.51 AM IST
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...
13 Jul, 2022, 08.43 PM IST
Russia's Sberbank executes first digital asset issue on its platformSberbank, which received its licence in March, said in a statement that digital assets are issued on its platform using blockchain technolo...
09 Jul, 2022, 05.45 PM IST
India, Russia apex banks to work on payment system this weekThe two sides will meet to discuss payment solutions such as Loro or Nostro accounts. The first is a third-party account, where a bank hold...
15 Jun, 2022, 04.36 AM IST
EU to remove Sberbank, two other Russian banks from SWIFT"We de-SWIFT Sberbank - by far Russia's largest bank, and two other major banks. By that, we hit banks that are systemically critical to th...
04 May, 2022, 12.31 PM IST
Russia's Sberbank to leave European market in face of cash outflowsThe bank, which is set to unveil 2021 financial results later in the day, said it was no longer able to supply liquidity to European subsid...
02 Mar, 2022, 12.23 PM IST
Russia's Sberbank to leave European market in face of cash outflowsOn Monday, the European Central Bank (ECB) warned that Sberbank's European arm faced closure after a run on its deposits sparked by the inv...
02 Mar, 2022, 11.50 AM IST