Bank Of Baroda Enters Into MOU With India Infoline

Bank of Baroda has informed that the Bank is launching On-Line Trading Facilities for its customers christened as Baroda-e-trading as a step forward in its plan to provide Comprehensive Suite of Products and Services under its Wealth Management initiatives.For the purpose, the Bank on January 24, 2007 has entered into an MOU with India Infoline Ltd.As a part of the aforesaid alliance, India Infoline Ltd shall inter-alia provide the Services to the Customers of the Bank, which would mean securities trading including derivatives trading, commodity trading services, depository services, portfolio management services and research & analysis services offered by IIL. The Services will enable Banks customers to have a 3 in 1 facilities for Transactions both On-Line and Off-Line trading through India Infoline, while funds and securities can be transferred to / from their bank and demat accounts. This will enable investors to transact in the securities market and also access high quality investment advises from experienced research team of India lnfoline Ltd.