 "Rahul Malhotra")
India’s wealth management space is highly competitive and yet Swiss bank Julius Baer is not fighting shy of raising the ante. RAHUL MALHOTRA, head-private banking, global India and developed markets, Bank Julius Baer, in conversation with Samie Modak, discusses key trends in the Indian private wealth management industry. Edited excerpts:
How big is the private wealth management opportunity in India?
Over the past few years, there has been a significant rise in the number of high networth/ultra-high networth individuals (HNIs/UHNIs) in India. This is driven by several factors, including the burgeoning start-up ecosystem, number of unicorns being created, increasing share of the organised sector in the economy, and a buoyant equity market.
