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Sberbank bets on rupee-rouble trade to power India-Russia ties
Mint Bangalore
|September 04, 2025
Sberbank, Russia's largest lender, is piloting a cashless payment system for Russian tourists visiting India, with a planned launch this year.
Alexander Vedyakhin, the bank's first deputy chairman, in an email interview, noted this was a key initiative amid shifting global trade dynamics. Sberbank has a key role as a major financier of Indian exports to Russia. With a 500-strong staff, its India arm is leveraging r
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