The Economic Times, Sep 25, 2015
MUMBAI: The head of Royal Bank of Scotland (RBS) Group’s India wealth management operation is buying the business from the British bank in a deal said to be valued around Rs 200 crore, marking a rare management buyout deal in the country’s corporate landscape. Sanctum Wealth, a firm led by Shiv Gupta and backed by…
Read MoreBloomberg, Jul 27, 2015
Royal Bank of Scotland Group Plc is in talks for a management buyout of its Indian private banking operations. The Edinburgh-based lender has signed a non-binding framework agreement and is in discussions to sell the business to Sanctum Wealth Management, it said in an e-mailed statement to Bloomberg on Monday. Sanctum is led by Shiv…
Read MoreRegistered Office: 1401,Tower 2, 14th floor, One International Center, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013 Contact number: +91 22 61779500 | CIN: U74140MH2015PTC264932
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