
Deals12 Mar 2026, 11:24 am
Central Bank of India Enters Distributorship Agreement with HDFC Asset Management Company Limited
AI Summary
Central Bank of India has recently announced a distributorship agreement with HDFC Asset Management Company Limited (HDFC AMC) for the distribution of their mutual fund products to its customers. HDFC AMC, established in 1999, is one of the leading asset management companies in India, serving over 1.5 crores unique investors with a total AUM of Rs.9.21 trillion as of December 2025. This partnership will provide Central Bank of India customers with an opportunity to unlock the value of their savings through various mutual fund products offered by HDFC AMC.
Key Highlights
- Central Bank of India signs distributorship agreement with HDFC Asset Management Company Limited
- HDFC AMC is a leading asset management company in India with over 1.5 crores unique investors
- Total assets under management (AUM) of HDFC AMC is Rs.9.21 trillion as of December 2025
- Partnership aims to offer Central Bank of India customers various mutual fund products
- Collaboration will help customers unlock the value of their savings through mutual funds