Union Bank of India signed an agreement with LIC Mutual Fund to distribute their Mutual Fund products through Union Bank Branches.
The agreement was signed by Shri Sanjay Narayan, General Manager of Union Bank of India, and Shri Nityanand Prabhu, Executive Director & Business Head, LIC Mutual Fund, in the presence of Shri T.S.Ramakrishnan, MD & CEO of LIC Mutual Fund.
Union Bank of India has been showing good performance in third-party income. It is closely working with Insurance and Mutual Fund partners to provide niche products to their customers.
Speaking on occasion, Shri Sanjay Narayan, GM of Union Bank of India, said, “At Union Bank of India, it has always been our endeavor to provide the best of the products to our customers. We are happy to announce our tie-up with LIC Mutual Fund, which will augur well for our customers, especially in rural and semi-urban areas”. Shri T.S.Ramakrishnan,
“We are delighted to partner with Union Bank of India to offer our mutual fund products. Union Bank and LIC MF’s extensive reach across the country, especially in the rural and semi-urban areas, will enable us to reach a wider diaspora of investors.”
MD & CEO of LIC Mutual Fund, said
