Indo-Russian banking business seems to have got a fresh impetus with Indian banks agreeing to assess the financial strength of smaller regional banks there for engaging in fiscal agreements.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>While the top 10-15 Russian banks are known to their Indian counterparts, the smaller banks often face hurdles, a senior Indian Banks&#39; Association (IBA) official said. Russia&#39;s banking presence in India is limited to just one branch of VTB 

Russia, India break deadlock over banking relations

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