Standard Chartered Bank opens a private banking centre in Chennai for Ultra-HNIs

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Standard Chartered Bank today opened its Private Banking Centre in Chennai, based at Haddows Road. Apart from Chennai, the bank also has Private Banking Centre in Bengaluru, Delhi, Kolkata and Mumbai. 

What does this Private Bank Center offer?

The Private Banking proposition is designed for High Net worth and Ultra High Net worth (UHNW) clients offering products, advisory and insights to manage, grow, and protect personal and business wealth.

Additionally, the Bank’s Private Banking clients get access to a suite of unique investment, wealth and banking solutions, the release notes.

It also supports them with a team of a Private Banker, a Service Manager, and an Investment Specialist with access to a full spectrum of solutions for every stage of their business and personal wealth and growth.

Nitin Chengappa, Managing Director and Head – Affluent, Private Bank and Branch Network, Standard Chartered Bank, India, said, “Being one of the oldest global banks in India, we have relationships across multi-generations and therefore we can focus both on a traditional approach while offering bespoke, objective and holistic advice supported by open architecture platform. We are excited to open our new private banking centre in Chennai. Tamil Nadu is a major economic and financial centre, and we see a lot of potential for growth in our private banking business in this region.”

Pankaj Walia, Head of Private Banking, Standard Chartered Bank, India, said, “India’s UHNW population is growing rapidly, and there is a huge opportunity in this space. The country’s start-up culture, supported by strong GDP growth and new capital, is creating a new group of billionaires.

“The Bank recognises the clients’ diverse wealth management needs and hence, brings access to a full spectrum of end-to-end financial solutions, as a global universal bank, for every stage of the clients personal and business journey,” Pankaj said.

The private banking footprint across India, and the breadth of the products and services, puts the Bank in a strong position to work with new and old money in India. The strength of the bank’s universal banking platform means we can properly serve such clients across every facet of their many different needs and expectations, he added.

Also Read:

India has to grow fast, must raise per capita income, says RBI ex-Guv C Rangarajan

 

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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Standard Chartered Bank opens a private banking centre in Chennai for Ultra-HNIs

Standard Chartered Bank today opened its Private Banking Centre in Chennai, based at Haddows Road. Apart from Chennai, the bank also has Private Banking Centre in Bengaluru, Delhi, Kolkata and Mumbai. 

What does this Private Bank Center offer?

The Private Banking proposition is designed for High Net worth and Ultra High Net worth (UHNW) clients offering products, advisory and insights to manage, grow, and protect personal and business wealth.

Additionally, the Bank’s Private Banking clients get access to a suite of unique investment, wealth and banking solutions, the release notes.

It also supports them with a team of a Private Banker, a Service Manager, and an Investment Specialist with access to a full spectrum of solutions for every stage of their business and personal wealth and growth.

Nitin Chengappa, Managing Director and Head – Affluent, Private Bank and Branch Network, Standard Chartered Bank, India, said, “Being one of the oldest global banks in India, we have relationships across multi-generations and therefore we can focus both on a traditional approach while offering bespoke, objective and holistic advice supported by open architecture platform. We are excited to open our new private banking centre in Chennai. Tamil Nadu is a major economic and financial centre, and we see a lot of potential for growth in our private banking business in this region.”

Pankaj Walia, Head of Private Banking, Standard Chartered Bank, India, said, “India’s UHNW population is growing rapidly, and there is a huge opportunity in this space. The country’s start-up culture, supported by strong GDP growth and new capital, is creating a new group of billionaires.

“The Bank recognises the clients’ diverse wealth management needs and hence, brings access to a full spectrum of end-to-end financial solutions, as a global universal bank, for every stage of the clients personal and business journey,” Pankaj said.

The private banking footprint across India, and the breadth of the products and services, puts the Bank in a strong position to work with new and old money in India. The strength of the bank’s universal banking platform means we can properly serve such clients across every facet of their many different needs and expectations, he added.

Also Read:

India has to grow fast, must raise per capita income, says RBI ex-Guv C Rangarajan

 

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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