Nuvama is currently exploring its business model, with a specific focus on understanding the creators of wealth, examining the favorable conditions in India's financial services industry, and gaining insight into the complexities of wealth management. The question of whether Nuvama plans to expand internationally has been raised. Currently, Nuvama wealth is experiencing growth and has a clear plan for expansion, particularly targeting emerging tier 2 and 3 regions. Nuvama aims to strengthen its relationship managers, who play a crucial role in guiding the investments of high net worth individuals (HNIs) and ultra-high net worth individuals (UHNIs). This reflects India's journey towards becoming an 'asset class'. Nuvama wealth has a key focus on product innovation and higher reach, as well as a strategy to improve profitability. Watch Ashish Kehair of Nuvama Wealth Management in conversation with Ajay Sharma of ET NOW.
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