Karnataka Bank has signed a Memorandum of Understanding (MoU) with Birla Sun Life Asset Management Company (Birla Sunlife MF) for distribution of mutual fund products, on September 27, 2016. The bank will try to provide its customers by giving them a choice to choose from the various funds of Birla Sunlife MF.
The bank is committed to become a one stop financial super market to its customers. In this regards, the bank is expanding its scope under distribution of mutual fund business by joining hands with Birla Sunlife MF, which is one among the top ranked mutual fund company in India.
Karnataka Bank is a private sector bank engaged in providing a range of banking and financial services, including retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.
