Indian bank in new ground
12/09/2008
Union Bank of India has launched wealth management services for its high net worth clients, which will provide a wider range of solutions to its customers.
The service was launched by the bank's chairman and managing director, M V Nair.
The public sector lender has tied up with Wealth Advisors ( India), a company in the wealth management space and headquartered at Chennai, for the initiative.
With the rapid economic growth, the number of customers who look for wealth management services is constantly on the rise, Mr Nair said.
