Oriental Bank of Commerce formalizes tie up with SBI Mutual Fund

Oriental Bank of Commerce, with its wide-spread network of 1533 branches and very strong base of One Crore Current and Savings customers, has formalized its tie-up with SBI Funds Management Pvt. Ltd. – Investment Managers for SBI Mutual Fund, one of the largest mutual funds in the country. The customers of Oriental Bank of Commerce would now be offered mutual fund investment products from one of the top performing fund houses of the country-SBI Mutual Fund.

Speaking on the occasion, Mr.A.C.Hari, General Manager, Oriental Bank of Commerce said that the Bank is committed to become a financial super market providing diverse financial products under one roof to the customers. For Oriental Bank of Commerce, it will be one more product to offer to its clients and thus meet customers’ investment needs in a growing financial market. SBI Mutual Fund will be benefitted by Oriental Bank’s 1533 branches, across the country and thus reach across to pockets where they have no representatives. For varied investors needs, Oriental Bank Branches will be able to provide a bouquet of products, offered by different mutual fund companies, suited to cater different segments of investors’ community.

Mr. D.P Singh, Head of Sales, SBI Mutual Fund, said: “The wide-spread distribution and reach of Oriental Bank of Commerce across the country, holds the key to achieving maximum penetration and reaching out to a new customer base. We at SBI Mutual Fund, endeavor to provide efficient and prompt service to our investors and cater to their investment needs. The tie-up with Oriental Bank of Commerce is valuable as it will enable SBI MF to offer its comprehensive range of mutual fund products to a wider segment of the society.”

The occasion was also attended by the Senior Executives from both Oriental Bank of Commerce and SBI Funds Management Pvt. Ltd