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Salaries soaring, yet seasoned RMs hard to come by
Financial Express Bengaluru
|October 24, 2025
Growing wealth management industry creates demand for relationship managers
INDIA'S $1.1-TRILLION (%88 lakh crore) wealth management industry, which is expected to more than double to $2.3 trillion (around =200 lakh crore) by FY29, is witnessing an unparalleled high demand for experienced relationship managers (RMs).
Sample this: Bhupinder Singh, founder of InCred Group, says he wants 300 RMs in the near term. The demand is similar at 360One and ASK Wealth, while Gautam Kalia, head of investment solutions and distribution at Mirae Asset Sharekhan, wants to hire 400 RMs immediately. “Wealth management is more profitable than mutual funds’ specialised investment funds (SIFs), growing significantly faster and no firm in the business is able to get enough RMs,’ laments Kalia.
Denne historien er fra October 24, 2025-utgaven av Financial Express Bengaluru.
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FLERE HISTORIER FRA Financial Express Bengaluru
Financial Express Bengaluru
Govt targets 35% female labour force by '30
THE GOVERNMENT PLANS to to raise women’s participation in the labour force to 35% by 2030, as it faces criticism over persistently low female employment despite steady economic growth.
2 mins
October 25, 2025
Financial Express Bengaluru
US inflation rises less than expected in Sept
US CONSUMER _ PRICES increased slightly less than expected in September, keeping the Federal Reserve on track to cut interest rates again next week.
1 min
October 25, 2025
Financial Express Bengaluru
Trump ends Canada trade talks over Reagan tariff ad
AD SHOWS REAGAN SAYING THAT TARIFFS CAUSE TRADE WARS
1 min
October 25, 2025
Financial Express Bengaluru
NHAI to display monthly, annual pass details at toll plazas
day said it will display monthly and annual pass information at toll plazas for National Highway users to enhance transparency and create user awareness.
1 min
October 25, 2025
Financial Express Bengaluru
Economic momentum slows in Oct due to US tariffs: Flash PMI
INDIA'S OVERALL BUSINESS activity expanded at the slowest pace in five months in October, as weaker export demand—partly linked to US tariffs—tempered growth momentum, according to a survey by HSBC Holdings Plc.
1 mins
October 25, 2025
Financial Express Bengaluru
Blackstone acquires 70% in Ace Insurance for ₹1,700 cr
GLOBAL PRIVATE EQUITY giant Blackstone has acquired a majority stake in New Delhi-based Ace Insurance Brokers for around ₹1,700 crore, marking one of the largest transactions in India’s insurance intermediary market.
1 min
October 25, 2025
Financial Express Bengaluru
IMF urges Asia to reduce trade barriers to offset US tariff impact
THE INTERNATIONAL MONETARY Fund on Friday urged Asia to lower non-tariff barriers and integrate regional trade to reduce its vulnerability to US tariffs and global financial shocks.
1 min
October 25, 2025
Financial Express Bengaluru
Eternal's Goyal bets $25 mn on human lifespan venture
DEEPINDER GOYAL, CEO of Eternal, which operates food delivery platform Zomato and quick-commercearm Blinkit,on Friday,announceda $25 million personal investment into his independent venture, Continue Research.
1 min
October 25, 2025
Financial Express Bengaluru
RBI proposes new infrastructure risk weights for NBFCs
THE RESERVE BANK of India (RBI) on Friday introduced targeted amendments to its scale-based regulation framework for non-banking financial companies (NBFCs), proposing a refined approach to risk weights for infrastructure exposure.
1 min
October 25, 2025
Financial Express Bengaluru
Delhi AQI improves to 'poor'
THE CITY RECORDED its lowest minimum temperature in October in the last two years, dropping to a minimum of 17 degrees Celsius on Thursday night, while the air quality improved, moving into the ‘poor’ category after remaining in the ‘very poor’ category for the past four days.
1 min
October 25, 2025
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