IndusInd Bank plans to expand its wealth management activites for high net worth individuals including the highly lucrative non-resident Ind...

IndusInd Bank plans to expand its wealth management activites for high net worth individuals including the highly lucrative non-resident Indian market. According to reports in the Indian media, IndusInd Bank has identified a leading foreign private bank for a joint venture asset management company that will target HNWs. The reports did not say who the private bank is and IndusInd Bank did not respond to WealthBriefing questions on the subject. The new joint venture is expected to be announced in June.