🏦 RUSSIAN BANKS FLOODING IN
20+ Russian entities registered
as FPIs with SEBI since 2023. 💥
Sberbank, VTB, T-Bank, Alfa-Bank
— all entering India. 😱
Russian Central Bank itself:
opening Mumbai branch in 2026. 😬
#RussianBanks #SEBI
(5/24)
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This will help reduce funding costs for FPIs, especially on index rebalancing days. It was a long-pending demand of foreign portfolio investors.
From moneycontrol.com




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From pioneertoday.in