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Article: Reliance Money gets approval to operate in Oman.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- March 27, 2008
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Reliance Money gets approval to operate in Oman
Mumbai, Mar 27 (PTI) Reliance Money, a financial products distribution firm, today said it has got approval for setting up a branch and offering investment advice in Oman.
The Anil Ambani Group firm has become the first Indian company to receive 'in -principal' approval from the Capital Market Authority (CMA) Board, the regulator in Oman, a company statement said.
"Having successfully launched our operations in the UAE, we now plan to offer cost-effective, quality financial products and services to our clients in the Sultanate of Oman. This is a part of our endeavour to reach out to the large NRIs ...