BoB enters into tie-up with SBI Mutual Fund
Bank of Baroda one of the largest Public Sector Banks entered into tieup arrangement with SBI Mutual Fund for Sales & Distribution of Mutual Fund Products. As a part of agreement Bank of Baroda will distribute SBI Mutual Fund's products through its 5400 plus branches. SBI Mutual Fund is one of the reputed Mutual Fund houses and has some respectable performing schemes. Bank of Baroda will offer these products to the existing customer base of 73 million plus to earn fee-based income.