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In yet another first for Gujarat, Japan’s Mizuho Bank will set up its branch in Ahmedabad by June 2015. Even as Japanese investment continues to pour in to the state, this will be first Japanese bank to come up in Gujarat as of now.
In this regard, Kashiwagi, India-based Chief Executive Officer of Mizuho Bank of Japan also met Gujarat Chief Minister Anandiben Patel at Gandhinagar on Thursday.
While briefing the chief minister, Kashiwagi stated that Mizuho Bank, which already have had the license from Reserve Bank of India, will launch its branch at Ahmedabad from June-2015.
During the meeting, Chief Minister also discussed about the services-partnership of Mizuho Bank in forthcoming Vibrant Gujarat-2015.
According to a statement from the state government, Patel appealed to Kashiwagi to think about signing an MoU of the bank partnership in Canal Top Solar Power Project in Gujarat.
Meanwhile, according to Kashiwagi, it was Prime Minister of India Narendra Modi who proposed of initiating Mizuho Bank’s operations in Gujarat during his recent trip to Japan, and that as an acceptance of this proposal the bank will commence its branch to widen its platform of business-industries in Gujarat.
