LIC Mutual Fund ties-up with Cosmos Co-operative Bank for distribution of MF products
Commenting on the tie-up, Sarojini Dikhale, CEO of LIC Mutual Fund Asset Management Company said, “We are delighted to partner with one of the leading co-operative banks; Cosmos Co-op Bank for their support in distributing our products to its customers. The combination of our comprehensive range of products catering to the varying investment needs of investors and the distribution reach of the bank would create a great convenience to the bank’s customers. We are very happy to embark on this relationship and look forward to a long and mutually engaging association”.
Vikrant Ponkshe, Managing Director and CEO of Cosmos Bank said, “We are very excited with this opportunity. This would be a forward looking step for the bank to provide a complete financial solution to our esteemed customers. Mutual Fund penetration in India is still very low and banks have played an important role in selling these products to the mass. This engagement increases the option for our customers to choose from a bouquet of financial solutions”.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.