Mumbai, Dec 24 (UNI) Public sector bank, Central Bank of India has signed a memorandum of understanding (MOU) with Reliance Mutual Fund to meet the diverse financial needs of its clients.
The MOU was signed here today by Central Bank of India Chairperson and Managing Director H A Daruwalla and Reliance Mutual Fund President Vikrant Gugnani.
Speaking on the occasion, Ms Daruwalla said,''Mutual funds are rapidly gaining ground. For us, this tie-up will open up further opportunities to provide our vast client base with a wider choice of products to meet their diverse financial needs.'' The Bank also launched a Reverse Mortgage Loan and a Central Bal Bavishya Deposit Scheme on the occasion of the 97th anniversary of the Bank recently.