Date:05/07/2008 URL: http://www.thehindu.com/2008/07/05/stories/2008070551541600.htm

Business - Briefly

Karnataka Bank ties up with ICICI Prudential

MANGALORE: Karnataka Bank on Friday has entered into a pact with ICICI Prudential Asset Management Company for distribution of latter’s mutual fund products. A bank press release here stated that Chairman and Chief Executive Officer of Karnataka Bank Limited Ananthakrishna and the chief executive officer of ICICI Prudential Nimesh Shah exchanged the memorandum of understanding. — Staff Correspondent