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WM consolidation in India is “tip of the iceberg”: IIFL Wealth

As they institute reforms, which COVID-19 has given added urgency, India’s wealth managers will witness more consolidation and will have to make tough choices, believes Yatin Shah of IIFL Wealth. “This is the time where every organisation looks at its priorities,” the co-founder and non-executive director of the third largest private bank in India by AUM, told Asian Private Banker….

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