ICICI Bank ties up with Santander for India-UK business ease – ICICI Bank, India’s leading private sector bank has tied up with Santander bank in Britain in order to facilitate the banking requirements of corporates operating across both countries.
- The memorandum of understanding (MoU) between ICICI and Santander UK Plc, was signed in Mumbai.
- The MoU aims to establish a framework of the partnership between the banks to meet the financial service requirements of corporate customers operating within the India-UK corridor.
- The MoU will offer banking solutions across trade, cross-border payments, supply chain, treasury solutions and retail banking to the UK corporates operating in India.
- Santander UK will provide its support to Indian corporates and new-age businesses for their banking requirements in the UK.
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