UTI Mutual Fund has tied up with Syndicate Bank for the sale and distribution of mutual fund schemes. Syndicate Bank has a network of 2,713 branches spread across India.

“The bank, of late has taken a lot of initiatives to augment its fee-based income, and distribution of mutual fund products is one such step in that direction,” said M.G. Sanghvi, Chairman and Managing Director, Syndicate Bank.

A MoU was signed in this regard by Imtaiyazur Rahman, Acting CEO, UTI Asset Management Company Ltd, and M.G. Sanghvi, Chairman and Managing Director, Syndicate Bank.

 

(This article was published on September 21, 2012)
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