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Monday, April 13, 2009

DBS Chola MF distribution tie up with Bank of Rajasthan

Aims to expand its reach to mutual fund investors across the country

DBS Cholamandalam Asset Management Company entered into a distribution tie-up with Bank of Rajasthan, a leading private sector bank, to qualitatively enhance its reach in the category of mutual fund investors across the country.

The Memorandum of Understanding (MoU) was exchanged between Mr. Sanjay Sinha, Chief Executive Officer, DBS Chola Mutual Fund and Mr. K K Sharma, Executive Director, Bank of Rajasthan.

On this tie-up Mr. Sanjay Sinha, Chief Executive Officer, DBS Chola Mutual Fund said: “In our strategy to take our products to maximum retail participants, our tie-up with Bank of Rajasthan will play a very important role. With their network of more than 400 branches across India their customer will benefit from the investment solutions brought by DBS Chola Mutual Fund across debt and equity category.”

Mr. KK Sharma, Executive Director, Bank of Rajasthan said: “In today's environment, a customer is looking for one –stop solution for all his needs. With this tie-up we will now fulfill all the investments needs of our customers thus helping them in reaching their financial goals.”

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