Press
Release
United Bank Of India Ties Up With Reliance Capital Amc
United Bank of India, a leading public sector bank has signed a Memorandum of Understanding (MOU) with
Reliance Capital AMC, the largest fund house in the country, for the distribution of its various Mutual Fund Schemes.
Mr. Swapan Biswas, General Manager –Marketing & New Initiatives, United bank of India and
Mr. Sundeep Sikka, Executive Vice President, Reliance Capital AMC, signed and exchanged the
MOU today.
Speaking on the occasion, Mr. Biswas, said, “With the signing of this agreement with
Reliance Capital, which is one of India’s leading fund houses, the bank has taken yet another step towards offering a holistic financial solution to the diverse financial needs of its valued customers We are confident that the distribution of Mutual Fund products will make a significant contribution to our fee income in the coming years. The Bank is having a number of specified branches for distribution of various Mutual Fund schemes. The bank is also offering
Depository Services (United Demat) and Online Share
Trading Services is likely to start very soon from the bank.”
Dated, the 21th November 2007
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