Which bank has become Tata Group’s long-term strategic banking partner recently?
ICBC
SBI
HSBC
Axis
ICICI
Answers
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axis band is the answer
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Answer:
ICBC (Industrial and Commercial Bank of China) has become Tata Group’s long-term strategic banking partner.
Explanation:
In 2015, Tata Sons and Industrial & Commercial Bank of China Ltd (ICBC) have formed a long-term partnership, under which ICBC will become a strategic banking partner to the Tata group.
Under the alliance, ICBC would facilitate the Tata group with financing products, derivatives trading, foreign exchange and other global financial services.
The alliance would be a global one with the geographies covered, including India, China, Singapore, Europe, the US, and South America.
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