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India’s UHNWI population grows by 68% over four years

As numerous private banks wind down their India onshore businesses, private banks that maintain an onshore presence in the region are in prime position to capitalise on an ever-growing population of ultra-high net worth individuals (UHNWIs). Industry reports reveal the number of Indian UHNWIs increased by 68% in four years to 1,575 as of 2014, and their average wealth now…

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