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Daybreak — India’s millionaire households grew by 90%. Wealth managers are scrambling to catch up
Scout ratingSCOUT· 33%12m·2025-09-18·News Politics

India’s millionaire households grew by 90%. Wealth managers are scrambling to catch up

Daybreak · 580

India’s millionaire households have jumped 90% in just four years, and a gold rush for wealth managers has begun. Firms like Nuvama, Kotak, and 360 One are in a race for high-net-worth clients—deploying relationship managers, slashing rates, and dangling exotic products to stay ahead. But the old playbook of generous…

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