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Barclays PB, Nuvama Private feel the squeeze from India’s senior banker shortage

India’s wealth management sector is expanding rapidly, propelled by a surge in the number of new billionaires. The country now counts 358 billionaires, according to the Hurun India Rich List, making it the world’s third-largest hub for ultra-wealthy individuals after the US and China But this rapid accumulation of wealth has exposed a critical bottleneck: a shortage of seasoned advisory…

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