Question

Sbi has lunched a new initiative to facilitate corporates looking to invest in india

Answer 1

SBI chief says NPAs expected to rise next quarter, hit profitability

State Bank of India (SBI) on Tuesday launched 'Japan Desk', a first-of-its-kind initiative to facilitate Japanese corporates looking to invest here with banking and advisory services.

This SBI Japan Desk will serve as an one-point comprehensive and reliable information support source for India-bound investments of Japanese companies.

Through the Japan Desk, SBI aims to be the window for inbound Japanese investments in India and vice-versa.

The Japan Desk -- to be based in New Delhi -- will facilitate in the establishment of banking relationship with Japanese corporates and Japanese nationals, provide information on industries, sectors etc.