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Mumbai May 15 Franklin Templeton Investments has signed a memorandum of understanding with Central Bank of India for distributing its products.

"One-third of Franklin Templeton's assets in India comes from the banking segment," said Mr Sandeep Singh, National sales Head, Franklin Templeton Asset Management (India) Pvt Ltd.

Central Bank of India will offer the entire range of Franklin Templeton mutual fund's products currently through 305 branches.

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