The Hindu Business Line : Tata Capital, Japanese bank tie up

Tata Capital and Mizuho Corporate Bank (MHCB) have entered into a memorandum of understanding (MoU) aimed at fostering business cooperation, enhancing cross-market value creation capabilities and assisting each other in gaining a deeper understanding of the Indian and Japanese markets. The MoU sets out the framework for cooperation in a wide range of business areas including Ninja loans, project and infrastructure finance and treasury products. “Our MoU will help bot h the entities co-develop innovative offerings and shared services platforms for the evolving corporate customers. The alliance is a step towards Tata Capital fulfilling its vision of emerging as a holistic provider of financial customers,” Mr Praveen P. Kadle, Managing Director, Tata Capital, said on Tuesday.

— Our Bureau

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