Bank of India in distribution pact with Reliance Mutual Fund
The public sector lender will use its pan-India network of over 3,000 branches to sell the products of the leading private fund house, a release said here today.
Bank of India (BoI) has tied up with Reliance Mutual Fund to distribute and market the latter's products through its branches.The public sector lender will use its pan-India network of over 3,000 branches to sell the products of the leading private fund house, a release said here today."For BoI, it will be one more product to offer to its clients and thus meet customers' investment needs in a growing financial market. Reliance Mutual Fund will be benefited by our over 3,000 branch network," BoI executive director M Narendra said.BoI has a customer base of over 3.4 crore and a total business mix of over Rs 3.6 lakh crore.