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Corporation Bank to sell LICMF products
Our Banking Bureau
23 February 2002

Mumbai: Corporation Bank has tied up with LIC Mutual Fdomain-B's currency converter - check it outund to market the fundís products through its branches.

The arrangement will initially cover four open-ended schemes ó LICMF Bond Fund, LICMF G-Sec Fund, Dhanaraksha-89 and LICMF Childrenís Fund.

LICMF has a corpus of Rs 2,400 crore and manages eight close-ended and eight open-ended schemes. It had mobilised around Rs 4,000 crore as on 31 January 2002.

Addressing a press conference here, Corporation Bank chairman and managing director Cherian Verghese said the bank send this article to a friend will capitalise on the business synergies achieved through these alliances.



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Corporation Bank to sell