BoR ties up with Prudential ICICI Asset Mngt Co Ltd

Mumbai, Aug 10 (UNI) The Bank of Rajasthan (BoR), one of the fast growing private banks in the country, has tied up an arrangement with Prudential ICICI Asset Management Company Ltd, under which the BoR has become the corporate agent for distributing the products of Prudential ICICI Mutual Fund.

An agreement in this regard has been executed between the BoR and the Prudential ICICI Asset Management Company Ltd.

In the first phase, the BoR's selected branches in selected cities including Mumbai, Delhi, Jaipur, Jodhpur, Udaipur and Kota will start distributing the Prudential ICICI Mutual Fund products, according to a BoR release.

The bank is already marketing various life and general insurance products and has undertaken third party distribution of products like mutual funds for LIC Mutual Fund, Export Credit Guarantee Corporation Policies through Birla Sun Life, PNB Principal Mutual Fund and ING Vyasa Mutual Fund. It has also entered into an arrangement with Sita World Travels for providing Western Union Money Transfer services across the country, the release added.

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