Reliance Capital Asset Management (RCAM) announced today that it has signed a distribution agreement with Ratnakar Bank.
The tie up will focus on distribution of Reliance Mutual Fund schemes through the 115 branches of Ratnakar Bank.
“Through this alliance will grow in two dimensions. One through our presence in the larger urban markets and secondly through our semi-urban & rural branches where we see new business potential. Our partnership with Reliance Mutual Fund will help us on both fronts”, says Nitin Chopra, Head – Retail & Consumer Banking, Ratnakar Bank.