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UTI Mutual, HDFC Bank tie-up
MUMBAI,
OCT. 19.
The UTI Mutual Fund has drawn up plans to garner Rs. 5,000 crores from eight metros over the next 12 months. While announcing a tie-up with HDFC Bank to sell UTI's mutual fund products, M. Damodaran, Chairman and Managing Director, UTI Mutual Fund, here today, said, "Our expectation is that HDFC Bank will be on the forefront to mobilise Rs. 5,000 crores through the distribution of our mutual fund products from leading eight cities in India".
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