- The MoU is signed to fulfil banking requirements of Japan’s corporates which are present in India.
- The MoU is signed to develop a framework between all the banks in order to fulfil domains like trade, investment, treasury, and retail banking solutions.
- Under this MoU, MUFG will introduce Japanese firms to ICICI Bank.
- Static Part:
- HQ of ICICI Bank: Mumbai
- MD and CEO of ICICI Bank: Sandeep Bakhshi
Question:
Q.1 With which private sector bank has Japan-based MUFG Bank Ltd entered into MoU?
a. Yes Bank
b. Axis Bank
c. HDFC Bank
d. ICICI Bank
a. Yes Bank
b. Axis Bank
c. HDFC Bank
d. ICICI Bank