India’s oil purchases from Russia have significantly increased following the war, resulting in the share of Russian oil in India’s total imports rising to 35%. Sberbank, a Russian banking major, has seen a sevenfold rise in volumes for rupee-rouble payments, becoming the main channel for such payments for Russian import operations. The increase in volumes is attributed to the convenience and benefits of using this payment method. Sberbank aims to support the redressing of the bilateral trade balance between India and Russia and is actively involved in Indian business missions.