Royal Bank of Scotland sells Indian private banking business to Sanctum Wealth Management
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 MoreRBS In Talks For Management Buyout Of Indian Private Banking Arm
Bloomberg, 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 MoreSearch Sanctum In The Press
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- The Xander Group Inc. Invests in Sanctum Wealth Private Limited
- Global Investment firm Xander Group invests Rs 78 cr in Sanctum Wealth
- Xander Group invests in Sanctum Wealth
- Xander Group invests in Sanctum Wealth
- Multiples PE-backed wealth manager Sanctum gets another investor
- Xander Group invests in Sanctum Wealth
- Xander Group invests in Sanctum Wealth
- Xander Group invests Rs 78 crore in Sanctum Wealth
- The Xander Group invests $10.5 mn in Mumbai-based wealth management firm Sanctum
- [Funding alert] Mumbai fintech company Sanctum Wealth raises Rs 78 Cr from The Xander Group
- The Xander Group Inc. Invests INR 78 crore in Sanctum Wealth
- Singapore-based The Xander Group pumps in Rs 78 crore in Mumbai's Sanctum Wealth
- [Funding alert] Mumbai fintech company Sanctum Wealth raises Rs 78 Cr from The Xander Group
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