Mumbai, Feb. 22:
National Australia Bank officially opened its branch in India, in Mumbai, on Wednesday. The branch will support existing institutional corporate and business banking customers operating or trading with India, said a press release issued by the bank.
It will also provide a link for Indian clients looking to expand or invest in Australia or New Zealand, particularly in the energy, education and agribusiness sectors.
Mr Rob Wright, CEO Asia, National Australia Bank, said, “India's bilateral trade with Australia and New Zealand is rising continually and we believe that the Mumbai branch will help facilitate greater economic, trade and investment flows between the three countries.”
