Connect with us

Business

SBI established Japan Desk to help FDI inflow

Published

8 years ago

on

SBI established Japan Desk to help FDI inflow

SBI established Japan Desk to help FDI inflowNew Delhi: The State Bank of India established its Japan Desk here as a single nodal point catering to Japanese corporates in order to attract foreign investment worth $30 billion from Japan.

“Japanese rural banks are interested in increasing in operations and they need a window to India. The Japan Desk is filing a gap felt between Japanese investors and requirements in India,” SBI chair Arundhati Bhattacharya told reporters here following the launch of the Japan Desk.

“Japanese corporates need help to understand new financial and regulatory landscapes. Even Indian entrepreneurs require this kind of help and handholding,” she said.

The first such desk by state-run SBI will provide advisory to India bound Japanese investors, as well as financial and non-financial support to local establishments of Japanese corporates and to Japanese SMEs without India offices.

“Under the Japan-India Investment Promotion Partnership, we have targeted to have $30 billion worth of investment from Japan,” Japanese Ambassador to India Kenji Hiramatsu said at the event.

SBI will provide rupee financing to Japanese corporates through Letters of Credit issued by Japanese banks in favour of the SBI Tokyo branch.

Recalling Japan’s role in the making of China into a manufacturing giant, Bhattacharya, in her address at the inauguration, hoped the former would play a similar role for Indian manufacturing.

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

2 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending