Indian branches of VTB and Sberbank have been included in the EU's…

Indian branches of VTB and Sberbank have been included in the EU's 21st sanctions package. Moscow24 July News: The European Union has extended its restrictive measures to Indian subsidiaries of Russian banks VTB and Sberbank, incorporating them into the 21st set of sanctions.

Consensus

• The European Union included Indian branches of VTB and Sberbank in the 21st package of sanctions.
• The sanctions on these financial institutions will begin to take effect on August 13, 2026.

Points of divergence

• In addition to the banks, Indian companies Falcon Toolings and Zepto Microwave and Chip Devices Assembly were also included in the updated sanctions list. — vesti

Coverage (2 sources)

• Indian branches of VTB and Sberbank included in the 21st package of EU sanctions — Вести
• EU adds Indian branches of VTB and Sberbank to the 21st sanctions package. — ТАСС (Telegram)

Key entities

• Sberbank
• VTB
• EU
• Moscow
• European Union
• Council of the European Union
• India VTB
• Sberbank India