In the run-up to the next BRICS Summit to be held here this year, Yes Bank today inked a pact with the India Brazil Chamber of Commerce for cooperation in knowledge sharing, consultancy, skill and technology. “Yes Bank has signed a strategic Memorandum of Understanding with India Brazil Chamber of Commerce (IBCC) to enable significant cooperation in terms of knowledge partnerships, project consultancy, B2B opportunities, skill and technology initiatives”, the bank said in a statement.
The core sectors covered in the MoU will be sports, media and entertainment with special focus on IT, infrastructure, broadcast driven business opportunities. The MoU also seeks for building ground for innovative business integrations for businesses from India and Brazil. Yes Bank said the MoU signing comes in the run up to the 8th Annual BRICS Summit, to be held in New Delhi this year.