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LVB ties up with SBI MF, HDFC AMC

CHENNAI: Lakshmi Vilas Bank (LVB) has tied up with SBI Mutual Fund and HDFC Asset Management Company to sell their schemes. While the agreement with SBI Mutual Fund was signed on Monday, the tie-up with HDFC Asset Management was initialled on Tuesday. LVB had already signed similar agreements with Reliance and Franklin Templeton Mutual Funds. R. M. Nayak, Chairman and CEO, said the bank would pen more such arrangements in the coming days.

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