RBS unit launches wealth planning services

RBS Wealth Division, a part the Royal Bank of Scotland Group, today announced the launch of wealth planning services in India.

The service will offer customised solutions to clients to meet their long-term plans for structuring of assets, protection and transmission of wealth.

It complements their existing banking and investment services offerings, as part of a comprehensive wealth management proposition.

The services will include advice in the areas of succession planning, asset preservation, asset consolidation, and philanthropy.

Mr Shiv Gupta, Managing Director, RBS Private Banking India, said: “In India, we’re seeing the twin phenomena of significant wealth creation alongside a rising trend of inter-generational wealth transfers.”

beena.parmar@thehindu.co.in