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MURALI BALARAMAN
Indian 146,600 super rich households have younger members; to touch 294,000 by FY21: Kotak Wealth ManagementThe Ultra High Networth Households represent net worth of Rs 135 lakh crore, a growth of 5% over last year and 18% compounded growth over t...
Mutual fund AUMs to cross Rs 20-trillion mark by 2018: ReportFaster growth is backed by factors like sound macro-economic environment and favourable demographics, according to a joint report by EY and...
Number of ultra rich to rise threefold to 3.43 lakh in 3 years: StudyAs for the underlying wealth held by this uber rich grouping, which also includes professionals having an annual income of over Rs 3 crore.
'Number of ultra rich to rise threefold to 3.43 lakh in 3 years'The interviews, done in March before the outcome of the general elections, pointed out to much optimism on the economic environment among t...
PM Modi's government gears up to lure FIIs at US-based investor forumOfficials at Indian brokerages who are involved with the US event said attempts were being made to persuade PM Modi to address investors.
Why growth is still foreign to MNC banks in IndiaIt is testing time for India's foreign banks, long used to a dominant presence in the niche, but highly-profitable segments of the banking ...
Mobile banking: A technology gradually permeating into the systemIt's still in its infancy, but the mobile offering of banks is beginning to grow-and mature - at a pace that suggests it might come of age ...
Telecom companies can facilitate select banking services but their call is not compellingThe telecom operator acts like a banking correspondent-as per rules set by the RBI, within a 30 km radius of a branch in rural areas and 5 ...