Tata Mutual Fund ties up with SIB
The Hindu Business Line — July 3, 2006

Tata Mutual Fund has entered into a tie-up with the Thrissur-based South Indian Bank (SIB) for the distribution of Tata Mutual Fund scheme. SIB will distribute the mutual fund schemes across the bank's 451 branches and 45 extension counters in the country. Ved Prakash Chaturvedi, managingdirector,Tata Asset Management Ltd., said that the tie-up" with a high quality bank endorsed our commitment to the retail investors of this coun try." VA. Joseph, chairman and chief executive officer, SIB told reporters that with the tie-up the bank had taken "another major step forward to meet the diverse financial needs of its valued customers, all under one roof." The bank has identified 200 branches across India to offer mutual fund products to the investors, he added.