In this Global Roundtable, representatives from Russia’s Sberbank address the pressing issues of cross-border payments and economic cooperation between India and Russia. Speaking ahead of a high-profile state visit, the officials discuss the impact of international sanctions and the shift towards direct settlements in national currencies to bypass payment hurdles. The conversation highlights the bank’s expansion in India, including new branches and an IT hub, and explores investment opportunities in sectors such as pharmaceuticals and chemicals. The speakers also mention technological innovations like ‘Face ID’ for transactions.
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