IDBI Capital ties up with Bank of Rajasthan

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IDBI Capital ties up with Bank of Rajasthan

IDBI Capital ties up with Bank of Rajasthan

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IDBI Capital Market Services Ltd., a leading provider of financial services in India today inked an agreement with Bank of Rajasthan, a leading bank to offer advanced e-trading services through www. IDBIpaisabuilder.in to the customers of the bank. This was announced officially by Mr. S Muhnot, MD & CEO, IDBI Capital, Mr.B.M.Sharma, MD, The Bank of Rajasthan and Mr.Vinod Juneja, Dy.MD, The Bank of Rajasthan today.

Commenting on the strategic alliance, Mr. S Muhnot, MD & CEO, IDBI Capital said "An advanced online trading portal, IDBIpaisabuilder.in is built with a core objective to provide easy and informed investing experience to investors. This association will provide customers of the bank with a world-class online investing platform with the backing of two very reputed and established financial institutions of the country. We are extremely glad to be associated with Bank of Rajasthan in this venture."

"IDBIpaisabuilder.in is targeted mainly at the retail investors, many of whom have unfortunately missed out on the recent boom in Indian stock markets. The site will enable the investors take right decisions by minimising the risk involved in equity investment and hand hold the investors throughout the entire investment process and also provide for faster trade executions. We are presently rolling out this initiative nationwide in a phased manner" said Mr. B.M. Sharma, MD, The Bank of Rajasthan.

With this tie-up, The Bank of Rajasthan will be able to provide comprehensive investment solutions to all their customers. It will also help them to push their DP services.  

IDBI Capital in turn would benefit from the wide reach and presence of The Bank of Rajasthan, especially in the state of Rajasthan where it is extremely strong.

Sourced From: Corporate Voice|Weber Shandwick