Information about the Bank

 
 

In September 2010, the Bank of Russia registered the branch of Sberbank of Russia OJSC in India. In May 2010, Sberbank of Russia OJSC was granted a license for banking operations in New Delhi and promptly completed all procedures required for branch registration. While at the development stage, the main objective of the new unit is to create a strategic springboard into the Indian market that will allow the Bank to support high long-term growth rates of the Group’s business in general.

India Ratings & Research assigns the initial rating to Sberbank Branch in India  INR 1.0bn Certificates of Deposit Programme : “ IND A1+

https://www.indiaratings.co.in/Issuers?issuerID=3408&issuerName=Sberbank-Branch-in-India