IIMPS and UTI AMC formalised a new strategic alliance with the BASIX Group

(April, 2009)

Under this partnership, IIMPS will use its proprietary Micro-Pension Model to deliver the UTI-Retirement Benefit Pension Fund (UTI-RBPF) to BASIX customers. In 2009-10, this partnership will target 700,000 working poor, most of whom are women living in 10,000 villages of Andhra Pradesh, Karnataka, Bihar, Orissa, Jharkhand, Maharashtra, Madhya Pradesh, Tamilnadu, Rajasthan, Chattisgarh, West Bengal, Delhi, Uttarakhand, Sikkim and Assam.