BANKING & FINANCE ASK Investment Managers To Acquire SageOne Investment Managers

ASK Investment Managers (ASK IM) has entered into definitive agreements to acquire SageOne Investment Managers, an asset manager operating across portfolio management services (PMS) and alternative investment funds (AIF), strengthening its equity investment capabilities. SageOne Founder and Chief Investment Officer Samit Vartak will reinvest in ASK and continue as Chief Investment Officer (Equities) of the […]

CW Bureau · Oct 5, 2026

STARTUP/TECHNOLOGY HCLTech Study Finds 84% Of Wealth Firms Seek AI Operating Model Reset

HCLTech has released an AI-based synthetic research study of the global wealth management industry, finding that 84% of wealth management firms believe their operating models require fundamental redesign to fully realise the potential of artificial intelligence. The study, titled “Hidden In Pl(AI)n Sight,” is based on a survey of 1,066 representative AI personas modelled on […]

CW Bureau · Sep 29, 2026

STARTUP/TECHNOLOGY InCred Capital Launches InCred Black For Ultra High Networth Clients

InCred Capital has launched InCred Black, a focused wealth management proposition for ultra-high-net-worth individuals (UHNIs), entrepreneurs and business families, with Alok Agrawal, Harmeet Sahney and Zarksis Gotla joining as Co-Founders. InCred Black will offer personalised wealth management services covering asset allocation, alternatives, public and private markets, credit, liquidity solutions and global investing, backed by the […]

CW Bureau · Aug 27, 2026

BANKING & FINANCE Federal Bank Charts Next Phase With Credit Cards, Wealth Management

Kerala-based private sector lender Federal Bank is sharpening its focus on the mass affluent segment by expanding its credit card business, wealth management offerings and specialised lending portfolio, as part of a broader strategy to emerge as one of India’s leading private sector banks. In his message to shareholders in the bank’s Annual Report 2026, […]

Sajan C Kumar · Jul 31, 2026

BANKING & FINANCE CSB Bank’s Diversification Strategy Eyes Balanced Loan Book By 2030

Private sector lender CSB Bank is accelerating its transformation into a diversified, pan-India bank by expanding its retail, wholesale and MSME portfolios, while gold loans will continue to remain a key pillar providing stability and liquidity. The Kerala-headquartered bank is  investing heavily in technology and distribution under its long-term SBS 2030 strategy. In his message […]

Sajan C Kumar · Jul 28, 2026

BANKING & FINANCE Neo Group Appoints Anirban Banerjee As Co-Founder & Chief People Officer

Wealth and asset management firm Neo Group has appointed Anirban Banerjee as Co-founder and Chief People and Transformation Officer, bolstering its leadership team as the company accelerates the expansion of its wealth and asset management platform. In his new role, Banerjee will lead Neo Group’s people strategy, talent development, leadership capability, organisation design, culture and […]

CW Bureau · Jul 27, 2026

BANKING & FINANCE Northern Arc Capital Banks On Tech, Retail Lending And Risk Management

Northern Arc Capital is gearing up for its next phase of growth by deepening its technology-led credit ecosystem, expanding its direct-to-customer lending business and exploring new opportunities in digital distribution and wealth management. In his message to shareholders in the company’s Annual Report 2026, Managing Director & CEO Ashish Mehrotra said the company’s long-term strategy […]

CW Bureau · Jul 26, 2026

GENERAL IIM Mumbai Launches Executive MBA In Wealth Management In Neo Tie-up

The Indian Institute of Management (IIM) Mumbai has launched a one-year Executive MBA in Wealth Management in collaboration with Neo Wealth and Asset Management, aiming to equip financial services professionals with specialised expertise in one of India’s fastest-growing segments. The programme was formally inaugurated on July 15 at the institute’s Powai campus, with classes commencing […]

CW Bureau · Jul 22, 2026

STARTUP/TECHNOLOGY Paytm Defers Bonus Issue For Now, To Focus On Growth And Profitability

One 97 Communications Ltd (Paytm), a leading digital payments and financial services company, has decided not to proceed with its proposed bonus share issue for the time being, choosing instead to prioritise growth and profitability to create long-term shareholder value. The company said the Board, after evaluating the proposal and holding detailed deliberations, concluded that […]

CW Bureau · Jul 21, 2026

BANKING & FINANCE Neo Group Secures ₹350 Cr In New Funding Led By Peak XV Partners

Integrated wealth and asset management platform Neo Group has signed definitive agreements to raise approximately ₹350 crore in a funding round led by Peak XV Partners, reinforcing investor confidence as the company accelerates its next phase of expansion. The latest investment marks a deeper commitment from Peak XV Partners, Neo Group’s earliest institutional investor. The […]

CW Bureau · Jul 16, 2026

BANKING & FINANCE Wealth First Acquires 51% In Mumbai Wealth Firm, Targets ₹20,000 Cr AUM

Wealth First Portfolio Managers Ltd has acquired a 51% stake in Mumbai-based Wealth First Advisors Pvt. Ltd. (WFAPL) at an equity valuation of ₹102.15 crore, with a five-year target of more than doubling its assets under management (AUM) to around ₹20,000 crore. Ahmedabad-based Wealth First, India’s first listed independent financial advisor (IFA) practice, said the […]

CW Bureau · Jul 1, 2026

BANKING & FINANCE YES Bank, Northern Arc Capital Tie Up For Credit Access, Digital Lending

YES Bank and Northern Arc Capital have entered into a strategic partnership to expand access to credit, scale digital lending and provide debt investment opportunities to customers. The collaboration brings together YES Bank’s balance-sheet strength, digital infrastructure and distribution capabilities with Northern Arc Capital’s underwriting expertise, technology platforms and origination network to expand formal credit […]

CW Bureau · Jun 19, 2026