CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following bank has inked a memorandum of understanding with Birla Sun Life Asset Management Company for distribution of mutual fund products.
A
Maharashtra Bank
B
Karur Vysya Bank
C
South Indian Bank
D
Karnataka Bank
Explanation: 

Detailed explanation-1: -Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2022, Sun Life had total assets under management of $1.35 trillion.

Detailed explanation-2: -Established in 1994, Aditya Birla Sun Life AMC Limited (ABSLAMC) is co-owned and backed by Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc.

There is 1 question to complete.