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Russian bank VTB says on track for record profit of $5.5 billion in 2024

Bank said it was still on track to hit profit target of 550 billion roubles in 2024 despite a significant depreciation in the value of many of its assets in November as a result of monetary tightening

Russian bank VTB says on track for record profit of $5.5 billion in 2024
Updated On : 26 Dec 2024 | 3:14 PM IST

Russia's VTB Bank opens 'vostro' account in India for rupee-based trade

Russia's No.2 lender VTB said it had opened a special "vostro" account at its Indian branch that would allow for the more active use of Indian rupees in payments under import and export contracts

Russia's VTB Bank opens 'vostro' account in India for rupee-based trade
Updated On : 26 Oct 2022 | 8:36 PM IST

VTB Group acquires rights to sell 10.71% stake in ZEEL to recover loan

ZEEL in a regulatory filing said VTB Capital Plc has secured the right to potentially monetise 10.28 crore shares of the company held by its promoter Essel Media Ventures

VTB Group acquires rights to sell 10.71% stake in ZEEL to recover loan
Updated On : 16 Oct 2019 | 8:20 PM IST

Battle for Essar Steel: Russia's VTB moves Supreme Court for solo bid

If VTB is allowed to bid solo, then it could be absolved from paying the dues on account of Numetal

Battle for Essar Steel: Russia's VTB moves Supreme Court for solo bid
Updated On : 13 Oct 2018 | 12:43 AM IST

Russian bank VTB to shut its only office in India

But the bank says it will continue to work in India

Russian bank VTB to shut its only office in India
Updated On : 21 Mar 2017 | 6:01 PM IST