IndiaEconomy
Resona Bank, Tata Capital announce tie-up
Japan's Resona Bank has announced a collaboration with Tata Capital to offer its clients financing access in India, following a $20 million investment in a Tata Capital fund.
Japan's Resona Bank on Monday announced a tie-up with Tata Capital to provide its clients better access to financing solutions and opportunities in India using the non-bank lender's local network. The announcement follows a $20 million investment by Resona Bank as a limited partner in Tata Capital Growth Fund III LP, which invests in Tata Capital Growth Fund III, a fund managed by Tata Capital, according to an official statement. The Japanese lender did not reveal the timeline of this investment. Under a memorandum of understanding announced on Monday, both Tata Capital and Resona Bank will leverage their respective strengths in the Indian market. The collaboration is non-exclusive, and opportunities will be explored through Tata Capital's network.
IndiaEconomy
Resona Bank, Tata Capital announce tie-up
Japan's Resona Bank has announced a collaboration with Tata Capital to offer its clients financing access in India, following a $20 million investment in a Tata Capital fund.
Japan's Resona Bank on Monday announced a tie-up with Tata Capital to provide its clients better access to financing solutions and opportunities in India using the non-bank lender's local network. The announcement follows a $20 million investment by Resona Bank as a limited partner in Tata Capital Growth Fund III LP, which invests in Tata Capital Growth Fund III, a fund managed by Tata Capital, according to an official statement. The Japanese lender did not reveal the timeline of this investment. Under a memorandum of understanding announced on Monday, both Tata Capital and Resona Bank will leverage their respective strengths in the Indian market. The collaboration is non-exclusive, and opportunities will be explored through Tata Capital's network.