“We are building a tech bridge between Russia and India”—Herman Gref of Sberbank on bilateral tech tiesSberbank CEO Herman Gref highlights Russia's leadership in payment technologies and generative AI, emphasizing unique solutions like biomet...
03 Dec, 2025, 11.26 AM IST
Russian region of Tatarstan positions itself as gateway for Indian businessTatarstan aims to boost economic ties with India, positioning itself as a gateway to the Russian market for Indian businesses. The region s...
09 Oct, 2025, 11.07 PM IST
Sberbank publishes guide for Indian entrepreneurs planning to localise biz in RussiaSberbank aims to facilitate the India-Russia trade relationship, targeting USD 100 billion in bilateral trade by 2030. To achieve this, Sbe...
03 Sep, 2025, 04.56 PM IST
Putin orders Russian government and top bank to develop AI cooperation with ChinaVladimir Putin told the government and Sberbank, which is spearheading Russia's AI efforts, to "ensure further co-operation with the People...
01 Jan, 2025, 07.15 PM IST
Artificial intelligence will become a vital resource for achieving sustainable development goalsAt the AI Journey conference, Putin highlighted AI's transformative impact, while experts discussed its role in creating new professions an...
18 Dec, 2024, 04.56 PM IST
From Russia with love: Corporate bonds may get Vostro funds to boost trade settlement in rupeeEarlier this year, Russian officials said that Moscow had accumulated billions of rupees in Indian banks that couldn't be used. Industry es...
10 Nov, 2023, 07.03 AM IST
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...
02 Oct, 2023, 07.41 AM IST
Rupee trade arrangement to help cut transactions cost: Piyush GoyalLast year, the RBI and finance ministry asked the top management of banks and representatives of trade bodies to push export and import tra...
13 Apr, 2023, 05.21 PM IST
Banks from 18 nations open 30 special vostro accounts for trade in rupeeSberbank and VTB Bank -- the largest and second-largest banks of Russia, respectively -- are the first foreign lenders to receive the appro...
15 Mar, 2023, 07.03 PM IST
Government asks trade bodies, banks to explore opportunities for trade in rupee with more countriesThe government has asked trade bodies and banks to explore opportunities for trade in rupee with more countries after having facilitated ru...
11 Dec, 2022, 01.38 PM IST
Finance ministry holds review meeting with heads of banks to promote cross-border trade in rupeeFollowing detailed guidelines from the Reserve Bank of India (RBI) on cross-border trade transactions in domestic currency in July, about n...
05 Dec, 2022, 09.31 PM IST
Finmin to meet heads of banks on Dec 5 to promote cross-border trade in rupeeFollowing detailed guidelines from the Reserve Bank of India (RBI) on cross-border trade transactions in domestic currency in July, about n...
29 Nov, 2022, 06.05 PM IST
RBI allows HDFC Bank, Canara Bank to open vostro account for Rupee trade with RussiaThe Reserve Bank of India (RBI) on Monday allowed HDFC Bank Ltd and Canara Bank Ltd to open a special "vostro account" for trade in Rupees ...
21 Nov, 2022, 06.18 PM IST
Post RBI nod, 9 vostro accounts opened to facilitate overseas trade in rupeeThe move to open the special vostro accounts clears the deck for settlement of payments in rupee for India-Russia trade, enabling cross-bor...
16 Nov, 2022, 12.06 AM IST
Nine Russian banks open special vostro accounts for trade in rupeeSberbank and VTB Bank -- the largest and second-largest banks of Russia, respectively -- are the first foreign lenders to receive the appro...
15 Nov, 2022, 07.54 PM IST
In boost to rupee trade mechanism, two Russian lenders open special vostro accountsRussia's two largest banks - Sberbank and VTB Banks - opened the accounts after receiving the nod from the RBI. Last month, state-owned UCO...
23 Oct, 2022, 12.27 PM IST
Sberbank eyes ties in cyber security, digital literacy, AIRussia’s biggest bank, Sberbank, has expressed interest in supporting India’s push for digitisation.
03 Jul, 2019, 07.06 AM IST