By IANS
Muscat : The investment management group of Oman Arab Bank has launched India-centric wealth management products and services under the brand “India Access”.
“Indian Access” will provide an opportunity to invest in the booming Indian economy through Mumbai based Kotak Securities, which has tied up with the Omani bank.
The new financial product was launched last week in the presence of Indian ambassador Anil Wadhwa and Abdul Qader Ashkalan, the chief executive of the bank.
Kotak Securities and the bank will offer a wide array of financial services through Indian currency and US dollar routes, including diversified large-cap and mid-cap thematic equity funds.
At the same time they have also plans to unveil real infrastructure and other Indian and international products to the wide investor base in Oman.
“This is a right step in the right direction,” said Wadhwa.
“Things have to be made easy and palatable for the potential investors in the ever demanding globalised world. So far the response to the alliance is overwhelming,” added Wadhwa.