Private sector lender YES Bank has signed a deal with Malaysian lender, Malayan Banking Berhad (Maybank) to promote inter country business relations. As part of the deal, lenders will leverage on each other to promote inter country business in fields of trade finance, remittance, investment advisory, corporate banking and others. "This alliance with Maybank furthers our commitment towards the India, South-East Asia business corridor. Through our knowledge banking initiatives and advisory services, we look forward to further explore opportunities for cross-border trade and investment," quoted MD and CEO of the bank, Mr Rana Kapoor.
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