Private banking: India moves to centre stage

Global money is flooding into India to profit from high-performing stocks, a booming economy, and the ease of investing via Gift City, a growing financial hub in Gujarat. Local wealth is flowing the other way, notably to Dubai. It’s a gold mine for private banks, and the process has only just begun.

The rapid relocation of India from the periphery to the centre stage of global investor thinking is nothing short of extraordinary.

Its economy now reliably grows faster than China’s: a December 2023 report from S&P Global Ratings projected GDP to more than double by the end of the decade.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access