Japan’s Bank of Tokyo-Mitsubishi (BTMU) is planning to double its branches in India to 10 over the coming three years.
The Indian arm of BTMU is planning to expand its business by targeting Indian corporate, publication Business Standard has reported.
The unit currently lends to large domestic corporates, global non-Japanese multi-national corporates and local subsidiaries as well as joint ventures of Japanese firms.
At the same time, the Japanese financial services group is also planning 10% credit growth in the fiscal year 2016.
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