Japan’s Mizuho bank to open Gujarat branch in June 2015, delegation informs CM
September 18, 2014
Gandhinagar, 18 September, 2014
India based Chief Executive Officer of Japan’s Mizuho bank Kashiwagi today paid courtesy visit to Gujarat Chief Minister in capital Gandhinagar.
The Chief Minister was informed that Mizuho is going to start its branch in Ahmedabad in June 2015 and it has received Reserve Bank of India’s license
too.
Mizuho’s asset size is 2 trillion, which is equivalent of Citigroup and 5 times that of the State Bank of India(SBI).
The Chief Minister discussed Mizuho bank’s partnership in Gujarat’s canal-top solar power project and possibility of MoU in this regard in next Vibrant Gujarat summit.
Kashiwagi told Chief Minister that present Prime Minister Narendra Modi during his Japan visit proposed starting of a bank in Gujarat which was accepted. A branch of the bank is going to be opened in Gujarat in the backdrop of wide horizon of industry and business in Gujarat.
Related articles: Japanese bank Mizuho may open its branch in Ahmedabad as early as next spring:Nikkei
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