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		Bank of Tokyo Mitsubishi UFJ
				The Bank of Tokyo-Mitsubishi UFJ is the largest bank in Japan, which was established on January 1, 2006, with the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd. The bank serves as the core retail and commercial banking arm of the Mitsubishi UFJ Financial Group.
		Bank of Tokyo Mitsubishi UFJ is committed to it's clients in India and has a well established track record and market expertise in Indian financial markets.  The bank has carved a niche for itself as a leading global financial firm, one which delivers insightful solutions to clients combined with an extended global reach and a strong emphasis on building long term relationships. Bank of Tokyo Mitsubishi UFJ currently house 3 branches in India, which is Mumbai as main office, New Delhi and Chennai. The bank's India-based coverage specialists and product professionals work together to leverage Bank of Tokyo Mitsubishi UFJ's global strength to meet clients' comprehensive needs including working capital needs, treasury management, trade finance & solutions, capital raising, risk management, forex and fixed income.
		Bank of Tokyo Mitsubishi UFJ Head Office 15th Floor, Hoechst House Vinay K. Shah Marg (Backbay Reclamation) Nariman Point Mumbai 400 021 India Tel:  +91 22 6669 3000 Website: www.bk.mufg.jp/english Banking Hours‎: Mon - Fri : 9.30am - 5.00pm‎ Swift Code : BOTKINBB
Foreign banks like Bank of Tokyo-Mitsubishi UFJ have brought latest technology and latest banking practices in India. They have helped made Indian Banking system more competitive and efficient. Government has come up with a road map for expansion of foreign banks in India. The road map has two phases. During the first phase between March 2005 and March 2009, foreign banks may establish a presence by way of setting up a wholly owned subsidiary (WOS) or conversion of existing branches into a WOS. The second phase commenced on April 2009 after a review of the experience gained after due consultation with all the stake holders in the banking sector. The review has examined issues concerning extension of national treatment to WOS, dilution of stake and permitting mergers/acquisitions of any private sector banks in India by a foreign bank.
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