Mumbai, June 30: Bank of Baroda (BOB) has entered into a strategic partnership with Mizuho Bank Ltd., the banking arm of Japan’s Mizuho Financial Group which is one of the largest full-service financial institutions in the world.
The partnership involves enhancing collaboration across mergers and acquisitions (M&A) financing, structured lending, cross-border financing solutions, and broader corporate and investment banking opportunities.
The partnership brings together Mizuho’s extensive global network, cross-border capabilities, and expertise in structured finance with Bank of Baroda’s strong domestic franchise, deep corporate relationships, and comprehensive understanding of the Indian market.
Under this partnership, Mizuho and Bank of Baroda will collaborate on transactions covering:
(a) Acquisition Finance including joint origination, structuring, co-underwriting & syndication
(b) M&A Advisory on identified deals
(c) Forming preferred-partner channel for sub-participation and secondary risk distribution
(d) Ancillary banking services such as cooperation in global market products for foreign exchange & interest rate hedging and escrow services in related transactions and
(e) Capacity building through the exchange of best practices in acquisition finance underwriting, structuring and inter-creditor arrangements etc.
Lalit Tyagi, Executive Director of Bank of Baroda said: “Through this partnership with Mizuho Bank, we aim to create a robust platform to support domestic and cross-border M&A opportunities, by combining Bank of Baroda’s deep corporate relationships and market insights with Mizuho’s global expertise and sectoral knowledge.
“We will be well positioned to deliver comprehensive solutions across acquisition finance, syndicated lending, structured finance, and strategic advisory, supporting our clients growth aspirations and contributing to India’s evolving corporate and investment ecosystem.”
Piyush Agarwal, Senior Managing Director & India Co-country Head, Mizuho Bank said: “Mizuho views India as a long-term strategic growth engine and core pillar for its international expansion…. Mizuho considers India a key geography for future growth…The MoU will further pave a path for joint development with evaluation of cross-border structuring, syndication, and underwriting of acquisition transactions while relying on capabilities of each other.”
About Mizuho Financial Group and presence in India
Mizuho Financial Group, Inc. is one of the largest, full-service financial institutions in the world, with approximately 65,000 employees, over 150 years of banking experience, and assets of approximately JPY 302 trillion on a consolidated basis.
In India, Mizuho has had a presence for some three decades and is currently represented by several group companies.
Mizuho operates as a leading corporate and investment bank servicing large enterprises, multinationals and Japanese corporations doing business in the country.
Through its five branches and GIFT City unit, Mizuho is widely recognized for cross border financing, corporate lending, project finance and trade services.
Additionally, in December 2025, Mizuho Financial Group announced that Mizuho Securities Co., Ltd. had agreed to acquire a stake of over 60% in Avendus Capital Private Limited, an Indian investment bank, subject to regulatory approvals. (BVI)
