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RBS India spinoff eyes Singapore’s “large and steadily growing” NRI segment

Sanctum Wealth Management (WM), Royal Bank of Scotland’s (RBS) spinoff firm in India, has launched an international markets desk and hired a Singapore-based advisor to tap into a “large and steadily growing” non-resident Indian (NRI) market, CEO Shiv Gupta tells Asian Private Banker. “The overall opportunity is already quite large, and growing steadily,” Gupta said when asked how he plans…

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