1 week ago

Tata Capital, Resona Bank Partner on Japanese Investment in India

Tata Capital and Japan’s Resona Bank have agreed to work together.

Their deal is meant to help Japanese companies do business in India.

Resona Bank’s customers may receive help when exploring or operating in the Indian market.

Japanese businesses are increasingly interested in India for manufacturing, sales, sourcing, and research.

The agreement is not exclusive, so it does not prevent either bank from working with others.

Resona Bank had already committed $20 million to a Tata Capital investment fund.

Tata Capital serves about 8.4 million customers through 1,477 branches.

Resona Holdings, Resona Bank’s parent group, has more than 800 branches and about 500,000 corporate customers.

Key facts

Agreement: A non-exclusive memorandum of understanding between Tata Capital and Resona Bank.
Purpose: To support Resona Bank customers evaluating or operating business opportunities in India.
Prior investment: Resona Bank committed $20 million as a limited partner in Tata Capital Growth Fund III LP.
Tata Capital assets under management: Approximately $29.3 billion as of March 31, 2026.
Tata Capital network: 1,477 branches across 27 states and Union Territories.
Tata Capital customers: Approximately 8.4 million customers.
Resona Holdings assets: About 77 trillion yen, or $480 billion, as of March 2026.
Resona Bank corporate customers: Approximately 500,000 corporate customers served through more than 800 branches.

financialexpress.com · 1 week ago