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

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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.

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