Bank of India in distribution pact with Reliance MF

Bank of India has tied up with Reliance Mutual Fund to distribute and market

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the latter's products through its branches.

The public sector lender will use its pan-India network of over 3,000 branches to sell the products of the leading private fund house, a release said here today.

"For BoI, it will be one more product to offer to its clients and thus meet customers' investment needs in a growing financial market. Reliance Mutual Fund will be benefited by our over 3,000 branch network," BoI Executive Director M Narendra said.

BoI has a customer base of over 3.4 crore and a total business mix of over Rs 3.6 lakh crore.

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