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Edelweiss opens office in Chandigarh

Press Trust of India  |  Chandigarh 

Edelweiss Asset Management Ltd, a part of Edelweiss Group, today opened here its office, which is ninth branch pan

"The branch aims to offer enriched opportunities to customers in and around Punjab," said Radhika Gupta, CEO, Edelweiss Asset Management Ltd.

"This move is a part of our geographic expansion strategy. We are very excited for the possibilities arising in this region, as this is our first office in and third office in north The branch will enable us to respond better to the investment needs of our growing customer base in the region," Gupta said.

Seemant Shukla, Head of Sales and Business Development, said, "With the opening of this branch we want to establish our franchisee in this growing market. is one of the key economic centres in north and hence we want to tap the potential of this market through our differentiated client centric offerings."

Edelweiss has an asset base of Rs 38,700 crore with of Rs 6,634 crore and net profit of Rs 609 crore for FY 2016-17, a company statement said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 19 2017. 18:28 IST