India’s Banking Giant 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 corporate looking to invest in India with banking and advisory services.
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 planning to set up another dedicated Japan Desk at Chennai, Tamil Nadu. SBI has also received request from South Korea to have a dedicated help desk and SBI may look at setting up a desk for that country also.
Extra Info :
Japan President : Shinzo Abe
Currency: Japanese yen
Japan’s Ambassador to India : Kenji Hiramatsu
SBI Chairman : Arundhati Bhattacharya
SBI Headquarter : Mumbai
So lets discuss some questions related to this article which can be asked in the upcoming exams :
1. What is the name of recently launched single window for inbound Japanese investments in India and vice-versa ?
2. Which bank has launched the single window for Japanese investments ?
3. Name the Chairman of SBI .
Courtesy : The Hindu