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ICICI Pru AMC in tie-up with UBI

Kolkata, Aug. 22

ICICI Prudential AMC has tied up with United Bank of India (UBI) for the distribution of its mutual fund schemes across India, a statement said. UBI will now distribute ICICI Prudential mutual fund products through 182 branches across the country. "This tie-up will help us in popularising mutual funds as an investment avenue in hitherto under- tapped areas," said Mr Bharat Ghia, Vice-President, ICICI Prudential AMC. According to Mr Swapan Biswas, General Manager, Marketing & New Initiative, the tie-up will help in gaining increasing business opportunities for the bank and the AMC. - Our Bureau

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