Religare ties up with Anyonya Co-op Bank to offer financial products

Mumbai, Apr 3 (UNI) Religare, India's leading financial services provider, today announced its tie-up with Vadodara-based Anyonya Co-operative Bank, the oldest co-operative bank in Asia to offer its financial products including equities and commodities to the bank's customers.

The tie-up with Anyonya Co-operative Bank is the first in the banking segment for Religare, which intends to build and strengthen banking as a major distribution channel, going forward.

In a statement here, Mr Shachindra Nath, Group Chief Operating Officer, Religare Enterprises Ltd said, ''We are delighted to tie-up with Anyonya Co-operative Bank, Asia's oldest co-operative bank. The tie-up is unique and special, as it is Religare's first, in the banking segment, and a small but firm step in forging and strengthening our distribution and reach across the country.'' Mr J R Khedkar, President - Anyonya Co-operative Bank said,''Our tie-up with Religare would help our customers, access a wide range of superior financial products and investment options. In a dynamic and evolving financial environment, an alliance with a leading financial services entity like Religare would be of immense benefit to us and our customers.'' Religare's current presence is at more than 800 locations spread over 300 cities and towns in India,the release added.

UNI