South-based Lakshmi Vilas Bank has tied up with Centrum Group in which the bank will refer its High Net Worth Individuals (HNI) to Centrum for wealth management and family office services.
Centrum will conduct the business through its wealth management arm, Centrum Wealth Management and will offer its existing portfolio of wealth management services to the bank’s HNI clients.
The agreement was signed between Parthasarathi Mukherjee, managing director & CEO, LVB and Jaspal Bindra, executive chairman, Centrum Group. This is the first time in the country that a private bank has given the charge to an independent professional wealth management firm for such services.
What can be the possible questions from above news:
Q1. Name the Public lender, which has been tied up with Centrum Group for wealth management and family office services, recently.
Share your answer in the comment section
Source- The Hindu