The Federal Bank is strengthening its focus on asset management activities

The Federal Bank is strengthening its focus on asset management activities

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Federal Bank has announced the launch of its wealth management platform and the inauguration of its first Wealth Hub, marking the next phase of the bank’s strategic expansion into wealth management.

The bank will set up dedicated Wealth Hubs in key locations.

These specialist centers will provide clients with a private, premium environment where they can connect with relationship managers and portfolio advisors, assess investment strategies and access research insights across asset classes through both in-person and virtual consultations.

As part of this strategic expansion, and to align with the bank’s evolving product and services architecture for high net worth and UHNI clients, the existing agreement between Federal Bank and Equirus Capital Private Limited (“Equirus”) for wealth management services will be restructured.

Customers currently using asset management services through the existing agreement with Equirus will continue to do so without disruption under the current framework.

The Federal Bank still retains an 8.69 percent stake in Equirus. The Bank and Equirus will continue to work together to meet the investment needs of UHNI category clients by offering selected products and services from the Equirus wealth management suite.

Published on March 9, 2026

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