The Hindu Business Line : Oriental Bank in tie-up with Kotak MF

Mumbai, March 3 Kotak Mahindra Asset Management Company has entered into a tie-up with Oriental Bank of Commerce for the distribution of its mutual funds through the bank’s branches across the country.

Under a memorandum of Understanding, OBC will offer the entire bouquet of Kotak Mutual Fund’s products in its branches across India. “Our tie-up will reinforce our commitment to expand retail participation and with this tie-up customers will gain easy access to the various schemes of Kotak Mahindra AMC at the branches where they do their banking transactions”, said Mr Sandesh Kirkire, Chief Executive Officer, Kotak Mahindra Asset management Company.

“OBC through its well spread network of branches in metro, urban, semi-urban and rural centres can reach various segments of customers and familiarize the new investments opportunities”, said Mr Alok K Misra, Chairman and Managing Director, Oriental Bank of Commerce.

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

Stories in this Section
About 60 lakh AP farmers to benefit from loan waiver

‘Time for farmers to achieve higher productivity’

Rupee weaker by 36 paise

Finacle adoption at Russian bank

GoAir passengers get Tata AIG cover

LIC development officers plan march to Parliament

Bond prices up post-budget

Trading positions for banks in rate futures likely

Oriental Bank in tie-up with Kotak MF

Barclays taps into mobile banking to expand reach

Oil cos begin selling bonds

‘Loan waiver not to hit banks’

Bank of India looking to sell Rs 250-cr NPAs

Call rates tad lower

RBI staff union calls for strike

Rural co-op banks despair of recovery