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Mumbai, March 13 IDBI Capital Market Services Ltd, a financial services provider, and Union Bank of India on Thursday announced a strategic tie-up to offer the former’s online trading platform to the bank’s customers.

Through this tie up, the bank’s customers can invest in equities, mutual funds and initial public offers using the online trading platform of IDBI Capital.

Any customer of Union Bank, at any of its CBS branches, can use this online trading platform from any place through Internet.

“This tie-up takes Union Bank one step closer towards its vision of becoming a one-stop shop for financial services offering technology-based products to its customers,” said Mr M. V. Nair, Chairman & Managing Director, Union Bank of India.

IDBI Capital already has similar tie-ups with Punjab National Bank, IDBI Bank, Oriental Bank of Commerce, Bank of Rajasthan and Karur Vysya Bank.

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