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Sberbank to open branch in Mumbai in 2023 — Deputy CEO

Sberbank already has a branch in New Delhi, operating since 2010 and recapitalized in 2021

MOSCOW, November 23. /TASS/. Sberbank has received permission to open its second branch in India and plans to open it in Mumbai in 2023, Deputy CEO Alexander Vedyakhin told reporters at the Artificial Intelligence Journey conference.

"We have received a permit from the regulator in India to open an office in Mumbai and the plan is to open it in 2023," the top manager said.

Sberbank already has a branch in New Delhi, operating since 2010 and recapitalized in 2021.