Sberbank Branch in India

Since its inception in 1841, Sberbank has developed into a key Russian financial institution, with its evolution closely tied to the unfolding of the country’s history.

A leading global financial institution and the largest bank in Russia and Central and Eastern Europe, Sberbank established its Indian branch in 2010 to create a strategic presence and support Indo-Russian trade.

Sberbank Branch in India has been operating in New Delhi for 14 years and benefits from the managerial, operational, and financial support of its parent bank. Sberbank’s business initiatives in India exemplify a strategic approach that aims to tap into the vast potential of the Indian market.

In 2023, the bank set up an office in Mumbai and an IT unit in Bengaluru to serve as an in-house data processing center.

At Sberbank India, we offer expert assistance with Remittances, Trade Finance, and Corporate Services. We empower businesses to thrive in dynamic environments and facilitate Indo-Russian bilateral trade. Our services include direct bank guarantees, financing secured by EXIAR agency, seamless settlements in national currencies, and expert advisory services.

Sberbank Branch in India has consistently reported profits since FY19, primarily due to its focus on Indo-Russian trade and investment in the Indian market. The bank’s profitability parameters improved in FY23 and H1FY24, with a Net Interest Margin (NIM) of 3.60% in FY23 and 4.95% in H1FY24.

Currently present in three locations in Delhi, Mumbai and Bangalore.