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YES BANK signs partnership agreement with Resona units

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YES BANK signs partnership agreement with Resona units

India's YES BANKLtd. signed partnership agreements with Resona Holdings Inc.'s three banking units to offer betterservice to Japanese firms operating in India, The Nikkei reported May 11.

Resona Bank Ltd.,Saitama Resona Bank Ltd.and Kinki Osaka Bank Ltd.signed partnership agreements with the Indian lender.

Under the agreement, the Japanese banking group, through YESBANK, will lend rupees for capital investment and offer services such as domesticremittance and account settlement.