Union Bank launches online trading services
Our Banking Bureau
25 November 2005
Union Bank of India has launched its Union On-line Trading Services at a function held at BSE.
The on-line trading is targeted at the bank's customers who have demat accounts with the bank and who invest as well as trade in shares. The fund settlement will be done through the customers' savings or current account.
The retail arm of SSKI, Sharekhan has tied up with the bank to provide customers with online trading accounts. This product launch along with its technology strength of network of 736 branches has given an additional value added capital market product to its customers.