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Friday, October 10, 2014

Federal Bank ties up with IIFL to offer enhanced broking services

Kerala-based old private sector lender Federal Bank has announced a partnership with India Infoline, a part of IIFL Group, to offer enhanced broking services.

Federal Bank customers in India and abroad will be offered IIFL’s enhanced broking services, the bank said in a statement.

Ashutosh Khajuria, President, Treasury and Head, Network II, Federal Bank, said, “India Infoline has one of the finest broking services across the industry and we are happy that Federal Bank customers will benefit from the relationship. We aim to connect our customers in India and abroad to one of the most trustworthy brands in broking.”

R Venkataraman, Managing Director, IIFL Group, said, “Federal Bank’s reach across India and overseas will benefit IIFL immensely. We want to remain their trusted partner to millions of Federal Bank customers and assist them in their investments.”

Source : The Hindu


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