Central Bank of India enters into distribution agreement with Canara Robeco AMC Ltd

Central Bank of India has entered into a Distribution Agreement with M/s. CANARA ROBECO AMC LIMITED for offering their Mutual Fund Products to its customers. The participation by both the entities in this arrangement will result in offering the customers of Central Bank of India, an opportunity to unlock the value of their savings through various mutual fund products offered by M/s. CANARA ROBECO AMC LIMITED.

M/s. CANARA ROBECO ASSET MANAGEMENT COMPANY LTD (CRAMC) was established in the year 1987. CRAMC is a Joint Venture between Canara Bank and ORIX Corporation Europe. CRAMC is one of the leading asset management company in India, having a total AUM of Rs. 1.22 Lakhs Crores as on Dec-2025 under its suite of investment offerings and providing services to more than 50lacs investors.

Shares of Central Bank of India was last trading in BSE at Rs. 40.43 as compared to the previous close of Rs. 40.23. The total number of shares traded during the day was 1293707 in over 3155 trades.

The stock hit an intraday high of Rs. 40.91 and intraday low of 39.86. The net turnover during the day was Rs. 52243053.00.

Source : Equity Bulls

Keywords

CentralBankofIndia INE483A01010 DistributionAgreement CanaraRobecoAMC MutualFundProducts