• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Advertisement

Kolkata Jan. 29 UTI Bank intends to roll out an asset management outfit, aimed at infrastructure investment. No specific details are available at the moment.

The bank has decided to target mid-market customers, including individuals who start relationships in the Rs 5-10 lakh bracket, through its priority banking operations.

UTI Bank is aware of the growing potential of the mid-market segment, which it feels is growing in size in all regions. The aim is to offer a better alternative to the priority banking solutions offered by rival banks, including foreign banks that have a sway over this segment.

Mr R. Asok Kumar, ED - Corporate Strategy, UTI Bank, said a number of priority banking branches will be rolled out at various locations. These will promote priority banking accounts. Other products, including investment advisory services, will also be offered. One such branch has been opened in Kolkata.

More Stories on : Asset Management Companies | Private Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Abbott India promoter exempted from making open offer

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line