SBI MF, Dena Bank tie up to reach investors across India

New Delhi, Aug 16 (UNI) SBI Funds Management Pvt Ltd, today said it has tied up with Dena Bank to qualitatively enhance its reach in the category of mutual fund investors across the country.

The Memorandum of Understanding (MoU) was exchanged between SBI Funds Management Pvt Ltd Managing Director and CEO Syed Shahabuddin and Dena Bank Chairman and Managing Director P L Gairola.

''The tie-up with Dena Bank is prestigious as our quality products would now be available to the bank's customers across the country,'' Mr Shahabuddin said.

The Dena Bank-SBI Mutual Fund tie-up would facilitate Dena Bank customers to invest in the fund houses' leading performing funds, he said.

Commenting on the occasion, Mr Gairola said, ''Bank branches are being converted into financial supermarkets providing host of financial solutions like banking, insurance and investments etc, to the customers under one roof. Our tie up with SBI MF is one more step in this direction.'' UNI