Letter of credit & Trade Finance

 
 

In 2011 Reserve Bank of India has given a status of ‘Schedule Commercial Bank’ to Sberbank  open a branch in india.Sberbank established its first branch in    New Delhi, India with motive to facilitate and make a strong Indo-Russian business trade transaction.

Sberbank Branch in India comes under ‘AD category I’. Sberbnak is authorised to operate all the Forex transaction.

 

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