Wealth Management

PNB to roll out wealth management services to boost non-interest income

To enhance its non-interest income, Punjab National Bank is planning to roll out wealth management services by December, the bank's managing director and CEO Ashok Chandra said. "The first stage of our wealth management strategy is to ensure that the bank has Customer Relationship Managers (CRMs) in place. Six months ago, we deployed around 1,700 CRMs across 1,700 branches. Their primary KRA (key responsibility area) is to manage and take care of approximately 250 to 300 top customers in each branch," he told PTI in an interview. The public sector lender is now planning to deploy another 1,300 CRMs and by end of this month. It would deploy them in another identified 1,300 branches. "That was the first step we undertook. We have also started engaging with consultants for our wealth management initiative. Very shortly, we expect to initiate the RFP process to appoint a partner for wealth management services. "I believe that within the next three to four months, our wealth management

Fisdom founders to exit Groww after wealth business integration

Subramanya SV and Anand Dalmia will exit Groww after completing a planned one-year transition following Fisdom's acquisition and integration into the fintech firm's wealth business

Standard Chartered expands GIFT City presence with wealth management push

The foreign lender expects to roll out wealth management services over the next few months, expanding its retail offerings from the international financial services centre

360 One Wealth CEO Yatin Shah targets bigger share of India's ultra-rich

India's largest independent wealth manager holds almost 10% of the ultra-high-net-worth market, and is looking to increase that to 12% or 13%, Co-Founder Yatin Shah said

India's family offices embrace profit-sharing to attract top talent

Billionaire family offices, including those belonging to tech founder Azim Premji and consumer tycoon Harsh Mariwala, are already paying a share of investment profits - known as carried interest

Achieve your wealth goals, follow this roadmap for the next five years

Calculate how much you can invest each month and then decide everything you want to achieve in the next five years

Renewed interest in large-caps; keep a tab on IPO pipeline: Shiv Gupta

For a balanced portfolio, Shiv Gupta of Sanctum suggests holding around 40 per cent in equities, 25 per cent in debt, and 25 per cent in alternatives, including private equity, private debt, and gold

Smallcap funds are rising: Should investors raise the exposure now?

After a sharp rebound in recent months, smallcap funds are back in favour. Experts weigh the opportunities, risks and suitability for different investors

Life cycle funds: A new category, but do they fit your portfolio needs?

Check the maturity date, glide path, costs, tax treatment and exit load before investing

The retirement risk most plans miss: Losing the ability to enjoy your money

A retirement plan should do more than preserve wealth-it should give retirees permission to spend meaningfully while health, mobility and opportunity remain

Mutual funds find a new source of inflows through PMS offerings

MF AUM linked to PMS doubles in less than 3 years, surges to Rs 1 trillion

'Retail investors not in panic mode despite geopolitical uncertainty'

If India's growth story plays out over the next two decades, Vikas Saitja, MD & CEO at Shriram Wealth believes there is enough opportunity for more wealth management firms.

Godrej Industries enters wealth management, targets ₹1 trillion AUM by 2031

The group plans to build a 35-location wealth management network, target affluent clients and list Godrej Capital by 2031 while expanding its lending business

SBI to combine branches, digital platforms for omni-channel banking

Aspires to emerge as India's leading wealth architect, says Chairman Setty

Understanding Trusts: What they are, how they work, and why they matter

As wealth becomes more complex, the trust structure is emerging as a vital tool for founders and families. Here's a simple breakdown of what they are, how they function, and why they matter

Number of registered portfolio managers surpasses 500, doubling in a decade

India's PMS industry doubles in a decade to 506 players, managing ₹41 trillion, as looming regulatory changes and competition from AIFs drive consolidation

Future of wealth management in India lies in human trust powered by AI

Wealth management can no longer be about products alone, it must deliver insight, personalisation, and foresight

Why a 70:30 gold-silver mix works best for investors, explains Pratik Oswal

Investors are increasingly using index funds as long-term wealth-creation vehicles rather than for short tactical exposure, Oswal said

Where are India's millionaires investing? Experts discuss at BFSI event | BFSI Summit 2025

As India’s economy expands and affluence deepens, its wealth management industry is entering a new phase of growth.

Unused funds sign of sector maturing, lot of room for growth: PE chiefs | BFSI Summit 2025

India’s private equity (PE) story is still gathering steam, say top fund managers, who argue that unutilised capital is less a sign of caution and more a natural transition as the market matures.