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Reliance Mutual Fund expansion plans in the UAE
The Reliance Mutual Fund (RMF) of India has joined with the public sector Bank of Baroda (BoB) to distribute its products in the Gulf Cooperation Council (GCC) region. The Bank of Baroda currently has six branches in the United Arab Emirates. It has two branches in Dubai and one each in Abu Dhabi, Sharjah, Ras Al Khaimah and Al Ain.
The Reliance Mutual Fund is present in over 300 cities across the world and has an investor base of over 6.5 million.
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