High Networth Individuals

The firm will use the capital to strengthen technology, grow its senior banker network, expand into Tier-II and Tier-III cities, and build NRI and NBFC offerings

Discretionary PMS clients cross 200K; assets soar past ₹40 trillion

While many first-gen entrepreneurs are now more intentional and strategic about succession, the movement from informal conversations to formal planning is still a gradual and ongoing process

HNIs have increasingly turned to co-location after pandemic

Interestingly, HNIs and UHNIs over the age of 60 were found to be less worried than the younger generation that is yet to reach 40 years of age

Adani group's recent corporate filings show that as of March 31, 2024, domestic lenders had an exposure of Rs 88,100 crore to various Adani Group entities through long-term and working capital loans

The FPO proceeds and the recent Rs 2,075-crore preferential issuance made to the promoter Aditya Birla group is expected to give a few more years of runway to the beleaguered telecom operator

AIFs investing in private credit picked up steam after Budget presentation

It will be your second home and earn money by being put up for rent sometimes

Two British banks, one Swiss bank and a leading Emirates lender have closed the accounts of these Indians in the last two months

Tata Tech offering races past LIC with a record 7.33 million applications

Company will use funding for wealth management business, asset management franchise

The financial services hub gives tax breaks and opportunities to make investments

Nearly Rs 6 out of every Rs 10 in individual MF investments are in equity schemes

For Indians, Dubai and Singapore are popular destinations. Significantly, Singapore recently opened an agency to welcome family wealth management firms

The sale of properties that only the super-rich can afford is bumping up two years after the pandemic hit the country

Timepieces costing lakhs of rupees must highlight the owner's taste and personality

The qualified institutional buyers (QIBs) was subscribed 87.5 times, high networth individual (HNI) portion 17.5 times and retail portion 5.5 times

Shareholding of high networth individuals (HNIs) - those holding shares worth more than Rs 2 lakh in a company - also declined to 2.08 per cent as on June 30, from 2.21 per cent on March 31

It is wrong to believe that those knowledgeable about personal finance should not engage with a Registered Investment Adviser