ICICI Bank has signed a Memorandum of Understanding (MoU) with MUFG Bank, Japan’s premier bank, for collaboration towards catering to the banking requirements of Japanese corporates present in India.
The MoU establishes a framework of partnership between the banks across various domains including trade, investment, treasury, corporate and retail banking. It also paves way for the two banks to combine their individual strengths and cater holistically to the banking requirements of Japanese corporates operating in India.
ICICI Bank is a leading private sector bank in India.