Karnataka Bank has entered into tie-up with LIC Mutual Fund Asset Management Company (LIC Mutual Fund) for distribution of mutual fund products through over its 730 branches across India.
The bank had earlier 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.
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.
