Russia's Largest Bank to Facilitate Direct Gold Trade Between Russia and India
By GCRU Gold News on Wednesday, April 19 2017, 03:13 - Permalink
Sberbank is looking to finance the direct import of gold to India,
Direct gold trade between India and Russia would be immensely beneficial to both countries.
“We are also exploring the possibility of entering the gold loans sector as well.”
India is the world’s second largest importer of gold. The country imported $35 billion worth of gold in 2015.