ReferIndia News Regulatory Relief for Russian Banks: Boosting Drone Defense Funding

ReferIndia News

Need daily news updates on your phone?

Follow us on Telegram!

Click here
News Image

Regulatory Relief for Russian Banks: Boosting Drone Defense Funding

Published on: June 3, 2026, 8:25 p.m. | Source: Devdiscourse

Russian banks may receive regulatory relief to finance the purchase of drone defense equipment by industrial enterprises. This comes after increased Ukrainian drone attacks on vital infrastructure. VTB CEO Andrei Kostin supports such initiatives, aiming to provide necessary financial resources to safeguard industries.

Checkout more news
Ad Banner

Planning a trip to Singapore?

Let's make it a seamless journey, bhai — full of fun, food, and unforgettable vibes! 🌟✈️

Contact Now
ReferIndia News contact