Religare Portfolio Management Services, a wholly owned subsidiary of Religare Enterprises Ltd, has tied up with the Bank of Bahrain and Kuwait to distribute its entire range of portfolio management offerings exclusively to non-resident Indians in the Middle East, the company said in a communication to the Bombay Stock Exchange (BSE).
This will be done through the banks’ branches in Bahrain and Kuwait.
Religare offers portfolio management services to address varying investment preferences.
The portfolios are customised to suit the unique requirement of investors. At 2.30 pm, Religare Enterprises’ share at the BSE was trading at Rs 382.10, down 1.56 per cent from the previous day.
