Tuesday, February 19, 2013

RBI urged to allow Japanese banks set up branches in India


Chennai:
Bank of Tokyo Mitsubishi has urged Reserve Bank of India to allow Japanese Banks to extend branches in India.

Addressing the Japan-India SME Conference organized by Indo-Japan Chamber of commerce and Industry (IJCCI) here, Yoshihiro Watanabe, advisor to Bank of Tokyo Mitsubishi UFJ said that this will help boost the funding of infrastructure projects in India.

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