EDITOR'S CHOICE OF THE WEEK: New Indian Family Office To Be Launched; Shuns Crypto-Currencies

Tom Burroughes

12 January 2018

A new family office is being created by the family of Uday Kotak, the managing director of India's , which this week announced that new and existing clients can now keep wealth generated from trading crypto-currencies on the bank’s books.

The rise of such a family office points to how wealth is - at least for some - growing in the country. See here for a report, issued in 2016, about such wealth trends.