Economy, Banking and Finance · 2 March 2026
Central Bank of India partners with Canara Robeco AMC to distribute mutual fund products.
Exam-focused facts from the 2 March 2026 current affairs briefing.
Key facts
- Central Bank of India signed a distribution agreement with Canara Robeco Asset Management Company Ltd (CRAMC) on 27 February 2026.
- CRAMC is a joint venture between Canara Bank and ORIX Corporation Europe and was established in 1987.
- CRAMC reported total assets under management of ₹1.22 lakh crore as of December 2025.
- CRAMC serves over 50 lakh investors across India.
- The partnership will enable Central Bank of India customers to access CRAMC’s mutual fund products through the bank’s network.