Central Bank of India Signs Distribution Agreement with HSBC Asset Management for Mutual Fund Products

Central Bank of India has entered into a distributorship agreement with HSBC Asset Management (India) Private Limited for distribution of their mutual fund products to its customers. This partnership offers Central Bank of India's customers an opportunity to unlock the value of their savings through various mutual fund products offered by HSBC Asset Management. HSBC Asset Management, established in 2001, acquired L&T Investment Management Limited in November 2022 and had daily average AUM of Rs.1,38,654 crore in Dec 2025.