Tag: HNI

What privileges do banks offer to millionaire customers?

NEW DELHI: Banks classify customers into different categories based on their income and assets with the bank. This helps th provide targeted services. Individuals with...

Expect real NPA pain for banks to show up in July-Sept quarter

Deepak Shenoy, Founder of Capital Mind, says NBFCs have been enjoying a huge regulatory arbitrage over banks in their ability to borrow from the bond...

Yes Bank aims to double credit card customer base in 2 years, grow book by 4-times: Head of credit card business

New Delhi: Private sector Yes Bank is looking to build a brand around its credit card business and aiming to double its customer base in...

We are planning to tie up with a new platform for global stock investing: B Gopkumar

You have a fee-only advisory service for high net-worth individuals (HNIs). What kind of traction are you seeing in it? We have set up an...

Money gifted over Rs50,000 by an NRI friend in a financial year can be taxable

I am a small business owner in India and planning to open a chain of stalls. A Dubai-based friend of mine is contributing to the...