finance bloggers

Indian Bank in Russia

There is only one Indian Bank in Russia, which is incorporated as a Joint Venture between State Bank of India and Canara Bank. Although India and Russia has approx $ 10 Bn. but there is no other Indian Bank in Russia. Earlier there was one more Indian Bank in Russia, which was ICICI Bank, which had opened branch in St. Petersberg. However, they closed their subsidiary ICICI bank Eurasia Ltd. Now Commercial Indo Bank Llc is the only Indian Bank in Russia, which has a branch in Moscow.

Commercial Indo Bank Llc, Moscow, in which the biggest bank owns 60 per cent equity stake, and Canara Bank owns the rest. 

there are no subsidiaries of Indian banks in Russia. Indian banks have two dozen overseas subsidiaries, but in countries like UK, Canada, US, and smaller countries like Kenya, Tanzania, Bhutan etc. 

no Indian banks have any branches in Russia. The county wise branches of Indian banks at overseas centres shows a total of 124 branches as on October 31, 2021.

enable them to improve their quality of work and add value to the institution’s culture.

Sharing of resources and innovative practices with the sister institutions has created a synergistic relationship and imparted impetus for further growth of the institution.


Address :  – Mahul Rd, Vidyanagar, Vidya Vihar East, Ghatkopar East, Mumbai, Maharashtra 400077

It is a matter of great pride for Sydenham College, as it has been awarded “Most Trusted Brand Award” as per the Consumer Survey Report in the year 2016.The college has also been awarded the ‘Asia’s Most Trusted Brand Award’ as per the Consumer Survey Report on 16th April 2017. The college has been selected for prestigious “World’s Most Trusted Brand Award”, which will be awarded on 09th October, 2017.

St Andrews College is a Catholic culture college established in the year 1983. The college is affiliated with the University of Mumbai and has been awarded Grade “A” by NAAC. St Andrews College offers undergraduate and postgraduate courses in the disciples of Arts, Science and Commerce.