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Tuesday, Sep 20, 2005

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TMB to distribute Pru-ICICI products

Our Correspondent

Madurai , Sept. 19

TAMILNAD Mercantile Bank has entered into an agreement with Prudential ICICI Asset Management Company for distribution of the entire range of Pru-ICICI Mutual Fund products. Initially, the bank plans to distribute the products at 75 of its major branches spanning through metro and urban branches.

TMB also plans to have a similar tie-up arrangement with UTI Asset Management Company, a release from the bank said.

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