NE BUSINESS BUREAU
MUMBAI, DEC 12
Baroda BNP Paribas AMC and Nainital Bank Ltd (NBL) signed an agreement for the distribution of mutual fund products in the presence of by Yogesh Sharma, Head – PSU Channel, Baroda BNP Paribas AMC, Nikhil Mohan, MD & CEO of Nainital Bank Ltd and senior officials from both organizations.
The agreement will enable NBL to offer a wide range of mutual fund products to its customers, including equity funds, Fixed Income funds, and Hybrid funds. This will help NBL to meet the growing needs of its customers and provide them with a wider range of investment options. The partnership will enable Baroda BNP Paribas AMC to serve NBL’s customer base covering all 5 states across its 169 branches.
Speaking on the occasion, Suresh Soni, CEO – Baroda BNP Paribas AMC, said “We are committed to providing investment solutions to the under-served sections of the society and delighted to partner with NBL. NBL has a rich legacy of over 100 years serving customers in north India. Our partnership with NBL will help us to reach out to more customers in rural and semi-urban areas and to offer them the benefits of investing in mutual funds.”
Nikhil Mohan, MD & CEO of Nainital Bank Ltd said, “We are happy to partner with Baroda BNP Paribas MF to distribute their mutual fund products. This partnership will help us to offer our customers a wider range of investment options and to meet their growing financial needs.”
