Wealth Planning
An extremely popular estate planning technique in India is to do nothing and leave it to fate. This attitude more often than not has resulted in family feuds and lengthy court battles. HSBC Private Banking provides introduction services for succession planning and wealth management through select third party service providers who aim to ensure that your assets are safe not just for now but also for future generations. The third party service provider will provide customized solutions to address your Estate and succession planning needs through a combination of structures which could include trusts and wills. Additionally, the service provider will help you implement the structure and manage the associated fiduciary and administrative requirements during your lifetime and beyond.
The Bank's role is limited to referring the client to the third party service provider for such Estate planning / Trust execution services. The Bank or the Bank representatives do not advise the clients on the same.


Product & Services

Our product offering includes Investment Advisory, Private Investment Banking, Structured credit and Estate Planning Advisory. Investment Advisory Services Non-discretionary Portfolio Management Services (NDPMS) Our Portfolio Management Services are non-discretionary, actively advised investment solutions made up of carefully selected combination of securities, funds and other sophisticated financial instruments. The objective is to ensure an optimum level of portfolio diversification to achieve your portfolio goals while managing the risk and allowing you the control of your investment decision process. Investment advice encapsulates:

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●Direct Equity ●Derivatives ●Mutual Funds ●Bonds/Fixed Income Securities

 Introduction of new delivery channels . Hence Kotak adopts a robust four tier process and with the help of expert opinion provides structured Estate Planning. While a simple Will can be a method of planning succession. a structured method by adopting the trust route would add substantial value to your estate and the same would be effectively managed & preserved in your life time and for long after.Find out what they are doing to increase retail customers What are the strategies for increasing Retail Banking Business? BY BMS TEAM ON JANUARY 1. Hence. the customers can easily switchover to the one. Succession planning is getting increasingly complicated. It is today imperative to plan for preservation. KOTAK MAHINDRA Estate Planning Kotak Mahindra Trusteeship Services Ltd. Estate Planning is offered through Kotak Mahindra Trusteeship Services Ltd. The banks should come out with new products in the area of securities. which offers better service at comparatively lower costs. The quality of service that banks offer and the experience that clients have. 2013 IN RETAIL MANAGEMENT STRATEGIES FOR INCREASING RETAIL BANKING BUSINESS  Constant product innovation to match the requirements of the customer segments The customer database available with the banks is the best source of their demographic and financial information and can be used by the banks for targeting certain customer segments for new or modified product. ●Structured Products 3.  Quality service and quickness in delivery As most of the banks are offering retail products of similar nature. to retain the customers. Q. banks have to come out with competitive products satisfying the desires of the customers at the click of a button. management and legacy of one's estate. mutual funds and insurance. matter the most.

 Cross-selling of products PSBs have an added advantage of having a wide network of branches.  Business process outsourcing Outsourcing of requirements would not only save cost and time but would help the banks in concentrating on the core business area. Banks can devote more time for marketing.  Tapping of unexploited potential and increasing the volume of business This will compensate for the thin margins. Therefore. The Indian retail banking market still remains largely untapped giving a scope for growth to the banks and financial institutions. This will save the banks from dealing with the intricacies of technology. ATMs. With changing psyche of Indian consumers.  Detail market research Banks may go for detail market research. Management of ATMs can be outsourced. etc. For example. which gives them an opportunity to sell third-party products through these branches. who are now comfortable with the idea of availing loans for their personal needs.  Tie-up arrangements . banks should try to give high quality service across all service channels like branches. This will enable them to have an edge over their competitors and increase their share in retail banking pie by offering better products and services. banks have tremendous potential lying in this segment.  Infrastructure outsourcing This will help in lowering the cost of service channels combined with quality and quickness. Internet. Marketing departments of the banks be geared up and special training be imparted to them so that banks are successful in grabbing more and more of retail business in the market.Retail customers like to interface with their bank through multiple channels. customer service and brand building. which will help them in knowing what their competitors are offering to their clients.

products offered by banks AXIS BANK Services Retail banking Deposits schemes Loans and advances Personal loans Housing loans Cards Consumer durables Auto loans Personal banking Accounts Term deposit Fixed deposit Recurring deposit Cards Different variant like: Gold plus card. In the present regime of falling interest and stiff competition. banks are aware that it is finally the retail banking which will enable them to hold the head above water. It is essential that banks would be imaginative in predicting the customers’ expectations in the ever-changing tastes and environments. Hence. banks should make all out efforts to boost the retail banking by recognizing the needs of the customers. It is the innovative and competitive products coupled with high quality care for clients will only hold the key to success in this area. Gold card. . It is the survival of the fastest now and not only survival of the fittest. In short.PSBs with regional concentration can reap the benefit of reaching customers across the country by entering into strategic alliance with other such banks with intensive presence in other regions. Silver & silver plus cards. Q. bankers have to run very fast even to stay where they are now.

ICICI Innovative services offered in recent past trends are E.533 ATMs:6. Mergers & Acquisitions Advisory Services Capital Market Funding E-Broking 2.425 Head Quarter: Mumbai Listed on BSE & NSE American Depositary Receipts listed on NYSE Introduction of ICICI Personal Banking Accounts & Deposits Loans Cards Insurance Wealth Management NRI Banking Online Services .cheque ATM Electronic Clearing System Tele Banking Recent Trends in Banking Sector ICICI Bank is India's second-largest bank Branches: 2.Corporate banking Accounts Normal Current Account Trust/NGO Savings Account Services Private Equity.

intrbranch banking. bill payment facilities. HDFC provides with saving bank account with the usual facilities.HDFC BANK Products and Services – HDFC Bank Product range: The following is the product range offered at HDFC: While various deposit products offered by the bank are assigned different names. Definition of major deposit schemes are as under: 1. Demand deposits: "Demand Deposits" means a deposit received by the bank which is withdrawn able on demand. and one also gets a free ATM card. phone banking and mobile banking. Notice Deposit: .Bill Payment Ticket Booking Funds Transfer Products & Services 3. the deposit products can be categorized broadly into the following types. 3. Term Deposits: "Term Deposit" means a deposit received by the bank for a fixed period withdraw able only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits / Monthly Income Certificate / Quarterly Income Certificate. 2. a) Savings Account: "Savings Deposits" means a form of Demand Deposit which is subject to restrictions as to the number of withdrawals as also the amounts of withdrawals permitted by the bank during any specified period.

enhanced ATM withdrawal limit. Sweep-In Account:A Fixed Deposit linked to one’s Savings Account. monthly account statements. These are account in HDFC bank with zero balance. and Inter-branch banking. 8. priority locker allotment. free Demat Account and lower interest rates on loans 7. HDFC Bank Preferred:A preferential Savings Account where in. Super Saver Account: . The excess funds in the account are directly transferred to the fixed deposit account of the account holder. Current Account: "Current Account" means a form of Demand Deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit. Corporate Account:- These are more commonly known as Salary Accounts. The money is automatically swept in to one’s Savings Account from one’s Fixed Deposit Account. These accounts are opened by the employer for the employees to deposit the salary of the employee directly to the account.''Notice Deposit'' means Term Deposit for a specific period but which can be withdrawn on giving at least one complete banking day's notice. The account holder gets a personalized cheque book. These are given to salaried people. 6. So. One also get privileges like fee waivers. even if one’s Savings Account runs a bit short. 4. 5. one is assigned with a dedicated Relationship Manager. who’s you’re the one point contact. one can issue a cheque (or use ATM Card).

These are available with easy payback in monthly instalments.Home loans for individuals to purchase (fresh / resale) or construct houses. loss and theft. home delivery of demand drafts. between the four metros. get cash delivery/pick-up up to Rs. 9. 50 lakh every month at no extra charges. and home loans. used car loans. The shares held by the customer are protected from damage. HDFC finances up to 85% maximum of the cost of the property (Agreement value + Stamp duty + Registration charges) based on the repayment capacity of the customer Home improvement loan . outstation cheque clearing facility. two wheeler loans. loan against shares. 10. Home Loan . Demat Account: One can conduct hassle-free transactions on the stock market for one’s shares. you can access your funds while your fixed deposit continues to earn high interest. a Current Account and then something extra for the HDFC bank customers. 25000/-. This account can be accessed through Internet too. One can also avail cheque clearing between the four metros. etc. Loans: There are a variety of loan schemes offered like personal loans. 11. consumer loans. Loans are sanctioned with easy documentation and quick delivery.It gives one an overdraft facility up to 75% of one’s fixed deposit. by maintaining these shares in electronic form. In an emergency. at-par cheque. Application can be made individually or jointly. One can transfer up to Rs. new car loans. HDFC Bank Plus: Apart from Regular and Premium Current Accounts HDFC also has HDFC Bank Plus.

Bank of Baroda 4. UCO_Bank 16. IDBI Bank 20. Oriental Bank of Commerce 12. Punjab & Sind Bank 14. Andhra Bank 3. Dena Bank 21. Indian Bank 10. Corporation Bank 9. Indian Overseas Bank 11. United Bank of India 18. Vijaya Bank 19. Syndicate Bank 15. Bank of Maharashtra 6. State Bank of Mysore 2. plumbing and electric works.BANKS Nationalised Banks / Public-sector banks[edit source | editbeta] 1. Allahabad Bank 2. Canara Bank 7. Central Bank of India 8. Punjab National Bank 13. ECGC 1. tiling and flooring Home extention loan Q. State Bank of Patiala . Bank of India 5.HIL facilitates internal and external repairs and other structural improvements like painting. Union Bank of India 17. waterproofing.

Lakshmi Vilas Bank 15. South Indian Bank 17. HDFC Bank 8. Chinatrust Commercial Bank . Bank of Nova Scotia (Scotia Bank) 8. YES Bank 18. Bank of Tokyo Mitsubishi UFJ 9. Kotak Mahindra Bank 14. Bank Internasional Indonesia 4. Australia and New Zealand Bank 3. Bank of Ceylon 7. BNP Paribas 11. Calyon Bank 12. ICICI Bank 9. Karnataka Bank 12. ABN Amro Bank 3. Bank of America NA 5. State Bank of Saurashtra (merged into SBI in 2008) 5. Federal Bank 7. Dhanlaxmi Bank 6. UP Agro Corporation Bank Foreign banks operating in India[edit source | editbeta] 1. Axis Bank 2. Catholic Syrian Bank 4. ING Vysya Bank 11. IndusInd Bank 10.3. Bank of Bahrain and Kuwait 6. Abu Dhabi Commercial Bank 2. Karur Vysya Bank 13. Development Credit Bank 5. Barclays Bank PLC 10. State bank of Indore (merged into SBI in 2010) Private-sector banks[edit source | editbeta] 1. State Bank of Travancore 4. Tamilnadu Mercantile Bank 16.

Standard Chartered Bank 30. Woori Bank. Commonwealth Bank of Australia (Recently Launched Retail Services in Mumbai) 16. JPMorgan Chase Bank 22. DCB Bank now RHB Bank 18. Deutsche Bank AG 19. FirstRand Bank 20. State Bank of Mauritius 31.A. Citibank N. 14. Mizuho Corporate Bank 25. Shinhan Bank 27. Mashreq Bank psc 24.13. DBS Bank 17. Credit Suisse 15. HSBC 21. Krung Thai Bank 23. [1] . Royal Bank of Scotland 26. UBS 32. Société Générale 28. Sonali Bank 29.