Business

Russia’s Largest Lender Sberbank To Establish IT Centre In Bengaluru

The Reserve Bank of India has granted permission to Russia’s largest lender Sberbank’s Indian branch to create an IT unit in Bengaluru, where it expects to employ up to 200 information technology specialists.

According to the company, the new IT office will house Sberbank’s in-house data processing centre.

On Friday, in a statement, the state-owned bank announced, “While Sberbank’s India branch has been functioning in New Delhi since 2010 and provides a wide range of financial services, the Bengaluru office will be entirely focused on developing information technologies”.

“The Bangalore (Bengaluru) hub will not only handle the technological demands of our Indian branch but also create and deploy new digital products for its clients”, said Anatoly Popov, Deputy Chairman of Sberbank’s Executive Board.

“In the long run, we hope to hire up to 200 IT specialists in our new unit”, he added.

Also read: As Temperatures Rise In China, ‘Facekinis’ Are Hottest New Trend

Spriha Rai

Recent Posts

Delhi Pollution: SC Orders Action On GRAP Violations, Directs Relief For Affected Workers

The SC on Monday instructed CAQM to act against officers and entities failing to enforce…

8 hours ago

IPL 2025 Auction: 13-Year-Old Vaibhav Suryavanshi Becomes Youngest Player Signed

Rajasthan Royals (RR) secured Vaibhav Suryavanshi for Rs 1.10 crore at the Abadi Al Johar…

9 hours ago

Islamabad Tense As Security Forces Brace For Clash With PTI Supporters Demanding Imran Khan’s Release

Pakistan Tehreek-e-Insaf’s (PTI) ‘Final Call’ protest rally, led by Bushra Bibi, has reached outskirts of…

10 hours ago

IPL 2025 Auction: Gujarat Titans Sign Sherfane Rutherford For Rs 2.6 Cr, KKR Add Manish Pandey For Rs 75 Lakh

The Gujarat Titans (GT) secured West Indies batter Sherfane Rutherford for Rs 2.6 crore during…

11 hours ago

IPL 2025 Auction: Bhuvneshwar Kumar Headlines Day 2 With Rs 10.75 Crore Move To RCB

Bhuvneshwar Kumar stole the spotlight on Day 2 of the IPL 2025 Auction. Royal Challengers…

12 hours ago

Self-Help Groups To Provide Ganga Water To Pilgrims At Maha Kumbh 2025

Maha Kumbh 2025 will combine spirituality and women’s empowerment, with self-help groups providing bottled Ganga…

13 hours ago