“Nuvama Private’s efforts in achieving growth have seen it awarded as Highly Commended Private Bank – India,” said Kylie Wong, senior data reporter at Asian Private Banker. “The bank achieved growth across footprint, client reach, and assets under management by expanding its presence across India and establishing full-service operations in Singapore and Dubai.

“On its platform, Nuvama Private adopted a unified and client-centric model and delivered bespoke advisory across investments, corporate, and wealth structuring. Using innovation as a key differentiator, the bank also introduced new products and thematic offerings to capture emerging opportunities. This helped the bank add an impressive number of new families to its ecosystem.

“As for talent, Nuvama Private strengthened its team of private bankers while continuing to invest in its Talent Development Factory to nurture future-ready leaders and foster its culture of learning and innovation.

“Nuvama Private also stressed client education and engagement. To that end, the bank has been equipping clients across the wealth spectrum with insights and tools through its digital platforms, helping foster an empowered and future-ready investor community in the domestic wealth management scene.

“These achievements made Nuvama Private the deserving recipient of Highly Commended Private Bank – India.”