SBI opens Japan Desk in New Delhi

India’s largest lender State Bank of India (SBI) has launched ‘Japan Desk’, a single window for inbound Japanese investments in India and vice-versa.

This is a first-of-its-kind initiative that seeks to facilitate Japanese corporates looking to invest in India with banking and advisory services.

Key facts

  • This SBI Japan Desk will also serve as an one-point comprehensive and reliable information support source for India-bound investments of Japanese companies.
  • It will also facilitate establishment of banking relationship with Japanese corporates and Japanese nationals and provide information on industries, sectors etc.
  • In future, SBI is also planning to set up another dedicated Japan Desk at Chennai, Tamil Nadu.

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Categories: Banking Current Affairs 2017

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