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Published 13:26 IST, September 3rd 2024

Russia's Sberbank says India business booming despite Western sanctions

Sberbank is under Western sanctions and therefore cannot make transactions in US dollars and euros or use the SWIFT system for international transfers.

Reported by: Thomson Reuters
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Sberbank handles payments for up to 70 per cent of all Russian exports to India. | Image: Shutterstock
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13:10 IST, September 3rd 2024