Corporation Bank has signed an
MoU with Geojit BNP Paribas to offer bank’s customers with the facility to
seamlessly open 3-in-1 integrated accounts. This comprises a bank account, a
demat account and a trading account with Geojit BNP Paribas. The agreement was
inked in keeping with the company’s policy of building reach through
partnerships with reputed banks. The MoU was signed by B.N. Shenoy, General
Manager, Corporation Bank, and Satish Menon, ED of Geojit BNP Paribas. With this
agreement, Corporation Bank’s retail clients will now have access to an
uninterrupted, hassle-free online trading platform for equities, derivatives,
IPOs and mutual funds. According to Shenoy, the signing of the MoU is an
important step to have a seamless integration of wealth management products on
offer to its over 1.8 Cr customers. He said the coming together of a
108-year-old bank and a reputed stock broking firm such as Geojit BNP Paribas
would enable its customers to enjoy money market as well as capital market
experience with delight.
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