India’s public sector lender Central Bank of India has entered into a distribution agreement with Canara Robeco Asset Management Company Ltd (CRAMC) to offer a wide range of mutual fund products to its customers. The partnership is aimed at expanding investment options for the bank’s retail and institutional clients, enabling them to unlock the value of their savings through professionally managed mutual fund schemes.
Under the agreement, customers of Central Bank of India will gain access to various mutual fund products managed by Canara Robeco AMC. The collaboration is expected to strengthen the bank’s third-party distribution portfolio while enhancing investment accessibility across its nationwide branch network.
Canara Robeco Asset Management Company Ltd was established in 1987 and operates as a joint venture between Canara Bank and ORIX Corporation Europe. Over the decades, the asset management company has built a strong presence in India’s mutual fund industry. As of December 2025, CRAMC manages total assets under management (AUM) of ₹1.22 lakh crore across its suite of investment offerings. The company currently serves more than 50 lakh investors nationwide.
The distribution tie-up is expected to provide Central Bank of India customers with diversified investment solutions spanning equity, debt, hybrid and other categories, depending on their financial goals and risk appetite. By leveraging Canara Robeco’s investment expertise and fund management capabilities, the bank aims to offer structured wealth creation avenues to its growing customer base.