Mangalore:
Stock broking company Sharekhan is planning to enter into
agreements with leading banks in the country to provide
online trading facility to bank customers.
At present Sharekhan has an agreement with Union Bank
of India to this effect.
Now
Sharekhan is planning to enter into such tie-ups with
major banks in the country. One such tie-up is likely
to materialise with a private sector bank in two weeks'
time, officials said.
Such
tie-ups will not entail any additional investments to
the banks. Banks can save on investments on setting up
online trading infrastructure, he said.
Sharekhan's
recent agreement with Union Bank of India has helped the
bank's customers to establish connectivity with the company's
services. The service is targeted at the bank's customers
who invest and trade in shares.
Sharekhan
has around 1.5 lakh customers and is planning to add another
two lakh customers during the year on a pan-India basis.
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