Fortune Wealth Management signs pact with Federal Bank for NRI clients

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Coimbatore, April 09, 2018: Fortune Wealth Management Company India (P) Ltd, one of the leading Stock broking Companies of South India has entered into a partnership with Federal Bank Ltd for providing Portfolio Investment Services to Non Resident Indians (NRIs).

A company press release issued here on Sunday said this will enable NRI clients to invest in Indian equity markets on repatriable and
non-repatriable basis.

The partnership will facilitate NRI investment in India’s vibrant equity markets through the PIS and the tie-up will emerge as customer-friendly and hassle-free mechanism for Indians living abroad to invest in Indian equities without losing the NRI status of their savings.

Federal Bank Ltd is one of the leading Private Sector banks in India
with its footprint spread over the entire country and presence in GCC.

The Bank has a network of 1253 branches, 1693 ATMs, and 227 CDMs.

United News Of India