ICICI Bank Partners with Commonwealth Bank of Australia to Enhance Australia-India Trade Relations
Banking & Finance
ICICI Bank has signed a Memorandum of Understanding (MoU) with the Commonwealth Bank of Australia (CBA) to support customers in the Australia-India corridor. The partnership will help customers set up businesses, facilitate trade, and provide migration support and banking services. This collaboration aims to strengthen cross-border trade opportunities and support economic ties between the two countries.
- The partnership will offer banking services and migration support.
- Both banks will facilitate corporate trade and investment between Australia and India.
Main Point :- (i) The MoU seeks to leverage the strong bilateral relations and economic opportunities between India and Australia.
(ii) The collaboration aims to strengthen cross-border payments with customer-centric solutions.
- About ICICI Bank & CBA bank :
- Headquarters: Mumbai, Maharashtra, India & Sydney, New South Wales, Australia
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