Russia’s Sberbank to set up IT unit in Bengaluru, to hire 200 specialists

Russia’s Sberbank has obtained permission from the Reserve Bank of India to determine an IT unit in Bangalore. The new IT workplace will home Sberbank’s in-house knowledge processing middle.

While Sber’s India department has been lively in New Delhi since 2010 and provides a variety of monetary providers, the Bangalore workplace can be absolutely targeted on growing data applied sciences, Sberbank mentioned in a press release.

In a press release, Sberbank’s Executive Board deputy chairman Anatoly Popov mentioned, “Bangalore is often called the Silicon Valley of India, and it is symbolic that Sber has chosen that city for its international IT project. The Bangalore hub will not only handle the technological needs of our Indian branch but also develop and implement new digital products for its clients. And in the longer term, we plan to employ up to 200 IT specialists in our new unit.”

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