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IOB
to distribute Kotak Mutual's products
Our Banking
Bureau
9 November 2005
 Chennai:
The city-based government owned Indian Overseas Bank (IOB)
will distribute Kotak Mutual Fund's products. The bank
has 1,503 branches across the country.
According to Kotak Mutual Fund CEO Sandesh Kirkire, "Banks
are one of the most important distributors of mutual funds
in India and are best poised to expand the market."
The alliance will be effective November 8, 2005 and will
be across all the branches of IOB.
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