Resona Bank, Limited has entered into a memorandum of business cooperation with India’s Tata Capital Limited. The bank will strengthen its support framework for the Indian market by leveraging its local network.
Resona Bank, Limited announced today that it has entered into a memorandum of business cooperation with India’s Tata Capital Limited. The two companies plan to support businesses considering expansion into the Indian market and companies operating locally through cooperation that leverages local financial services and networks.
Under the cooperation based on the memorandum, Resona Bank, Limited will support customers’ businesses in India by leveraging Tata Capital’s domestic network and financial expertise, providing information on the Indian market and assistance with fundraising. Resona Bank, Limited will establish a Japan Desk where consultations are available in Japanese, and support the use of financial services including business matching and local lending.
Tata Capital Managing Director & CEO Rajiv Sabharwal and others attended the signing ceremony. Photographs were taken together with Resona Bank, Limited Executive Officer Saito Mamoru (齊藤 守), and the two companies also emphasized collaboration using their extensive overseas networks, including in North America and Asia.
Tata Capital Limited is a core financial services company of the Tata Group that provides a wide range of financial services in India.