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Sberbank bets on rupee-rouble trade to power India-Russia ties

Mint Ahmedabad

|

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.

- Rhik Kundu & Utpal Bhaskar

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

MEER VERHALEN VAN Mint Ahmedabad

Mint Ahmedabad

Pet care startups eye users to compete with FMCG giants

Direct-to-consumer (D2C) pet care brands are leaning on subscription models to lock in customers, betting that repeat purchases can help them counter the scale and distribution advantage of India's largest packaged consumer goods players as the niche segment heats up.

time to read

2 mins

January 23, 2026

Mint Ahmedabad

Zydus launches cancer biosimilar

Zydus Lifesciences has launched its biosimilar of anticancer drug nivolumab in India after receiving clearance from the Delhi High Court last week, pricing it at a fraction of the patented version.

time to read

1 min

January 23, 2026

Mint Ahmedabad

Retail boosts IPO odds via parent shares

A smart move? Investors are reviving an old strategy by buying parent shares ahead of subsidiary IPOs.

time to read

3 mins

January 23, 2026

Mint Ahmedabad

Mint Ahmedabad

WHY INDIA NEEDS TO RETHINK ITS WAR CHEST

FDI drain is emerging as a silent threat to India's foreign exchange reserves. How can the leak be plugged?

time to read

6 mins

January 23, 2026

Mint Ahmedabad

India needs long-term solutions to address its inequality problem

Cash transfers are expedient but we must intervene strongly in the labour market to fix distortions

time to read

3 mins

January 23, 2026

Mint Ahmedabad

Mint Ahmedabad

IndiGo cuts growth outlook as Q3 profit sinks to 4-yr low

Net profit slipped to 549 crore in Q3, hit by a one-time exceptional cost of 1,546.5 crore

time to read

3 mins

January 23, 2026

Mint Ahmedabad

Mint Ahmedabad

Banks renew push to unsecured loans

India's banks are cautiously reopening the tap on unsecured lending, as policy rate cuts drive margin pressure and risks stay largely under control.

time to read

1 min

January 23, 2026

Mint Ahmedabad

Blinkit’s Q3 profit a shift or blip?

Eternal Ltd’s Q3FY26 results were encouraging on many counts.

time to read

2 mins

January 23, 2026

Mint Ahmedabad

Mint Ahmedabad

An India-France tale on cloth

A recent Paris show celebrated 400 years of textile history between the two nations, showcasing shared crafts

time to read

4 mins

January 23, 2026

Mint Ahmedabad

Mint Ahmedabad

Small finance banks hunt for peer talent to grow

SFBs are eyeing senior executives at larger banks in universal banking bid

time to read

2 mins

January 23, 2026

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