Syndicate Bank, one of the country’s trusted public sector banks has entered into an alliance with Franklin Templeton Investments (India), one of the largest fund houses in India. As per the agreement, the bank will offer Franklin Templeton Mutual Fund’s schemes through its 2,713 branches across the country.
Recently, the bank had entered into a distribution tie-up with UTI Mutual Fund whereby the bank will sell the asset management company’s product through its branches.
Also, Syndicate Bank had entered into a distribution tie-up with HDFC Mutual Fund, in September 2012, whereby the bank will sell the asset management company’s product through its branches.