Central Bank of India ties up with HSBC AMC to distribute mutual fund products – CNBC TV18

Central Financial institution of India has entered right into a distributorship settlement with HSBC Asset Administration (India) Pvt Ltd to supply the latter’s mutual fund merchandise to its clients, increasing its vary of funding options.

The partnership goals to assist clients entry a wider suite of mutual fund choices and higher deploy their financial savings throughout diversified funding choices.

HSBC AMC, which manages HSBC Mutual Fund and in addition homes the previous L&T Funding Administration enterprise acquired in November 2022, had a day by day common AUM of ₹1.39 lakh crore in December 2025.

Q3 Outcomes

Individually, Central Financial institution of India reported a blended efficiency for the December quarter. Web curiosity earnings slipped 1% year-on-year to ₹3,503 crore, whereas web revenue rose 31.6% to ₹1,262 crore, aided by a pointy rise in different earnings. Asset high quality improved sequentially, with gross NPAs declining to 2.7% and web NPAs easing to 0.45% in the course of the quarter.