Religare Enterprises announced that the company's arm, Religare Portfolio
Management Services, has tied up with Bank of Bahrain and Kuwait (BKK)
to offer its services to Non-Resident Investors (NRI's) in the Middle
East. The wholly owned subsidiary will distribute its entire range of
Portfolio Management offerings through the bank's branches in Bahrain
and Kuwait.
Speaking on the tie-up, Shachindra Nath, group chief operating officer,
Religare Enterprises said, "At Religare, we want to reach out to
investors across the globe and offer them the opportunity to invest
in India. Backed by research and smart strategy, Religare will serve
its investors keeping in mind their specific requirements."