Bank has tied up with UTI Asset Management Company for offering Port Folio Management Services (PMS) products across the Branch Network.  

Portfolio Management Services (PMS) is an investment portfolio in stocks, fixed income, debt, cash, structured products and other individual securities managed by professional Money / Fund Managers that can potentially be tailored to meet specific investment objectives of the investors.

Features & Advantages of PMS: 

·         PMS is a well established hassle free option compared to direct equity.

·         Strong marketing and operational support from the service provider.

·         Attractive long term additional revenue.

·         No competition with other offerings of the bank which is debt based.

·         More choice in terms of portfolios to suit individual client needs and risk appetite

·         Ability to structure products that meet specific investment objectives

·         Increase in wallet share by cross selling to investor who is investing in direct equity.

·         Better revenue than other Equity based products.