Tata Sons and Industrial and Commercial Bank of China Limited (ICBC) have formed a long term partnership in which ICBC will be a strategic banking partner to the Tata Group.

For the purpose of formalizing the engagement, a team of Tata executives led by the chairman Cyrus P. Mistry met with Jiang Jianqing chairman from ICBC and his team.

ICBC will be providing the Tata group,financing products, global cash management, consulting, international trade finance business, investment banking, foreign exchange, derivatives trading, and other global financial services under the agreement.

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