DSP Blackrock Investment Managers signs distribution agreement with Shamrao Vithal Co-op Bank
Moneylife Digital Team 15 June 2011

The Shamrao Vithal Co-operative Bank will distribute DSP BlackRock Mutual Fund schemes through its net work of branches spread across the country

DSP BlackRock Investment Managers said that it has signed a distribution agreement with the Shamrao Vithal Co-Operative Bank as part of the strategy to increase their retail presence. The Shamrao Vithal Co-operative Bank will distribute DSP BlackRock Mutual Fund schemes through its net work of branches spread across the country.

Mutual Funds, as an investment avenue are becoming increasingly popular with retail investors. Offering advice on Mutual Funds investments is an extension of the value added services that are offered by banks.

DSP BlackRock Investment Managers is a joint venture between the DSP Group and BlackRock, one of the premier asset management companies in India. The Shamrao Vithal Co-operative Bank was formed in December 1906, by Late Rao Bahadur Shripad Subrao Talmaki.

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