
Photo: ru.freepik.com
According to media reports, the bank was included in the register, which gives the credit institution access to the stock market of a foreign country. As a result, VTB received a license of the first category, which is issued to organizations with a low risk profile.
Thus, the company became the fourth Russian financial institution with this status in India after Sberbank, T-Bank and Centrocredit.
Recall that Russian banks began to gain access to the Indian stock market earlier this year. Then licenses were issued to the organizations Tinkoff and Centrocredit.