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…
India’s UHNWI population grows by 68% over four years
8 May 2014
Share article
Share article
Related News

DBS grows wealth income in 2Q22 but fee income slips further
4 August 2022

Five ESG trends in India that private banks need to know about
28 July 2022

Standard Chartered appoints new PB head for India
15 July 2022

Why ICICI Bank Private Banking is at the head of India’s unicorn stampede
25 April 2022

Seeing solid wealth growth in India, Avendus WM adding up to 20 RMs
21 April 2022

Asia’s private banks cool on Chinese ADRs as de-listing threat grows
25 March 2022

Our onshore India presence sets us apart in cross-border financing for South Asian clients: Deutsche Bank WM
2 March 2022