Sberbank plans to go big in India, move rupee surplus into G-Secs
Sberbank, which processes the largest share of India-Russia trade payments, is also looking at channelling rupee surplus of its investors into government securities, said Herman Gref, CEO and chairman of the executive board. The bank is also considering the export of gold to India, having secured a licence to do so. It's also examining entry into the education and healthcare sectors.