The Russian-Indian Forum "From the Volga to the Ganges. Dialogue of Civilizations and Integration of Capital Markets" is a unique dialogue platform where thought leaders, key economists, and regulators from two great nations meet to build concrete roadmaps for economic and investment cooperation. The forum focuses on the practical integration of the Russian and Indian capital markets, which opens up unprecedented opportunities for businesses and investors from both countries.
In the context of the global transformation of economic ties, the partnership between Russia and India is of strategic importance. Our forum transfers this strategic course into the realm of concrete actions and financial instruments.
March 19, 2026
Mumbai, National Stock Exchange of India (NSE)
III Russian-Indian Forum
From the Volga to the Ganges: Dialogue between Civilizations and Integration of Capital Markets
With the support of the State Duma of the Russian Federation
International Investment Forum on the Integration of Capital Markets of Russia and India
Key Topics for Discussion
Concrete steps to attract investments from the dynamic Indian capital market for projects of Russian companies. Analysis of successful cases and potential growth sectors
Capital Attraction
How Russian institutional and private investors can effectively operate in one of the World’s fastest-growing markets -- India. Analysis of instruments, risks and return potential
Opportunities for Russian Investors
Formulating clear and implementable "roadmaps" for converging regulatory frameworks, removing barriers, and creating favorable conditions for international investments
Cooperation Roadmaps
Initiatives to converge and recognize rating methodologies and assessments among Russian and Indian rating agencies. How this will simplify access to debt capital and enhance investor confidence
Mutual Recognition of Ratings
Forum topic
Opportunities and practical mechanisms for listing Russian companies on Indian stock exchanges (NSE) and Indian companies on the Moscow Stock Exchange
Direct Access to Stock Exchanges
Join the Dialogue of Civilizations and Markets
Executives and owners of Russian and Indian companies interested in raising financing and entering new markets
Institutional and Large Private Investors: Asset managers, family offices, and high-networth individuals looking for direct access to new financial instruments and infrastructure projects in Russia and India
Investment Funds and Asset Management Companies: Representatives of mutual funds, hedge funds, private equity, and sovereign wealth funds seeking cross-border investment opportunities and portfolio diversification
Who Should Attend the Forum?
Who Should Attend
Financial Sector Representatives: bankers, investment analysts, brokers, lawyers specializing in M&A and international law
Everyone who seeks to understand the future of Russian-Indian economic partnership and take an active role in this process
Forum Participation Terms
Participation in the conference
Coffee breaks and business lunches
Handouts
Access to the forum's mobile app
Participation in all informal events of the forum
79.000 ₽
Price
Price
129.000 ₽
Participation in all informal events of the forum
Access to the forum's mobile app
Handouts
Coffee breaks and business lunches
Participation in the conference
The cost for one conference participant is
*except for legal, consulting, and IT companies
For representatives of the real sector and government agencies
Cost and formats of work
50,000 ruble discount
Regular price
Official Program: III Russia-India Forum
Forum program
Welcome Coffee. Participant Registration
09:30 – 10:00
Greetings from the Embassy of the Russian Federation to the Republic of India. Ivan Y. Fetisov, Consul General of the Russian Federation in Mumbai
10:00 – 10.10
Coffee Break. Business Networking
Lunch
11:30 – 12:00
Grand Opening. Plenary Session
Topic:
"Russia and India: Jointly Shaping a New Architecture for Global Growth. Cultural Code and Finance in the Dialogue of Great Civilizations."
Transformation of the world order: the role of Russia and India in the creation of a multipolar financial system.
The influence of civilizational identity on business models and investment approaches.
Transition to settlements in national currencies: challenges and prospects (Rupee–Ruble trade mechanism).
Long-term vision: how a culture of trust and traditional values helps build sustainable economic ties.
Moderator:
Eduard Grekov, Chairman of the Board of Directors of Gas Machines Group, President of BIREX Investment Company, and Chairman of the Forum
Speakers:
Sergey Glazyev, State Secretary of the Union State of Russia and Belarus
Sanjay Malhotra, Governor of the Reserve Bank of India
Vladimir Chistyukhin, First Vice-President of the Central Bank of Russia
Shri Kamlesh Chandra Varshney, Whole-Time Member, Securities and Exchange Board of India (SEBI)
Ivan Chebeskov, Deputy Minister of Finance of the Russian Federation
Srinivas Injeti, Board of Directors Chairperson, NSE
Alexander Ageev, Director of the Institute for Economic Strategies of the Russian Academy of Sciences
10:10 – 11:30
Panel Discussion 1: "Integration of Capital Markets: A Roadmap for Russian and Indian Issuers and Investors. Issues of Rating and Audit Recognition"
Harmonization of audit standards (Russian standards, IFRS, Indian standards Ind AS) as the foundation of investor confidence.
The development of the insurance sector as a source of "long-term capital" for infrastructure projects and as a tool for risk management in bilateral trade. The role of regulators in liberalizing access for reinsurance and investments.
Recognition of credit ratings.
Exchange listings: requirements of NSE and Russian exchanges to each other. Possibility of dual listing and SPV structures.
Direct financing and syndicated lending without the involvement of Western intermediaries: legal structures and risks.
Moderator:
National Stock Exchange of India (NSE)
Speakers:
Sriram Krishnan, Chief Business Development Officer, NSE
Alexey Kechko, VEB. RF Representative in India
Ajay Seth, Chairman, The Insurance Regulatory and Development Authority of India (IRDAI)
Nitesh Jain, Chief Ratings Officer, CareEdge Global IFSC LTD
Moscow Exchange, Petersburg Exchange
12:00 – 13:30
Combined Session: “Debt Market and GIFT City – Financing Instruments and Practical Steps”
Corporate and regional bonds, asset securitization.
Infrastructure project financing (transport, ports, energy): search for anchor investors
Opportunities for venture funds and startups: access to debt markets and mezzanine financing.
Step-by-step plan for company registration in GIFT IFSC: capital requirements and corporate structure.
Procedures for issuance and circulation of bonds (Masala bonds, ruble-denominated bonds) in the international financial zone.
Issuance and circulation of digital financial assets in GIFT City: tax incentives and currency regulation.
Moderator:
Upendra Tripathi, President of Orbis Financial Corporation Ltd
Speakers:
Representative, GIFT City
Evgeniy Griva, Deputy Trade Representative of the Russian Federation in India
Siddharth Shah, Senior Partner, the Law Firm Khaitan & Co
Alexey Lazutin, General Director, MGKL
Manish Agarwal, Director & Dealing head, JM Financial
Anton Zhilich, Head of Investor Relations Department RUSAL
17:00 – 18:45
Panel Discussion 2: “Digital Finance and Digital Financial Assets: A New Reality for Russia–India Partnership”
Use of digital financial assets for trade finance and letters of credit: accelerating transactions and reducing costs.
Compatibility of Russian digital financial asset platforms and Indian fintech solutions: technological challenges and protocol standardization.
Tokenization of real assets: gold, real estate, commodities as tools for attracting liquidity.
Moderator:
Sergey Lyalin, Founder of CBONDS
Speakers:
Challa Sreenivasulu Setty, Chairman State Bank of India (SBI)
Sandeep Bakhshi, CEO ICICI Bank
Alexey Yurov, Deputy Head of the BRICS Payments & Fintech Task Force, Financial Services Working Group, BRICS Business Council
Vinay Muralidhar Tonse, CEO YES Bank
Ivan Vagarin, United Financial Technologies
Sashidhar Jagdishan, Managing Director and CEO, HDFC Bank
Amitabh Chaudhry, Managing Director and CEO, Axis Bank
15:00 – 16:30
19.03.26
Thursday
Day 1
13:30 – 15:00
Coffee Break
16:30 – 17:00
Closing Ceremony of the Forum. Awards and Memorandum Signing
18:45 – 19:15
Gala Dinner. Cultural Program
19:15 – 22:30
The Forum will feature leading Russian and Indian experts, including:
01.
Leading economists and political figures shaping the agenda of bilateral relations
02.
Key representatives of regulators: the Central Bank of Russia, the Ministry of Finance of the Russian Federation, as well as relevant regulatory authorities of the Republic of India
Top managers of the Moscow Stock Exchange and National Stock Exchange (NSE)
03.
Heads of the largest banks, investment companies, and private equity funds from both countries
04.
Experts from leading rating agencies
05.
Unique Speaker Lineup
Forum participants and partners
Partners
The Forum "From the Volga to the Ganges. A Dialogue of Civilizations" is not just a place for discussion; it is a launchpad for new partnerships, projects, and investment decisions that will define the economic landscape for years to come
Join the Dialogue of Civilizations and Markets!
Join the forum
Contacts of the organizing committee
Phone:
Email:
Web:
© 2026 Forum "From the Volga to the Ganges"
Mumbai, National Stock Exchange of India (NSE)
Venue
See you at the forum "From the Volga to the Ganges. Dialogue of Civilizations"
19 March
Date
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