DBS India CEO Rajat Verma: Doubling Wealth AUM with Tech & Talent for Affluent Clients

• DBS India CEO Rajat Verma is focusing on enhancing products for the affluent segment and investing in technology and human capital.
• DBS aims to double its wealth assets under management in India in the coming years, leveraging its global strengths and Asian connectivity.
• India's wealth management market is projected to grow at 15-17% CAGR over the next five years, driven by entrepreneurship and wealth transfer.
• DBS Treasures offers hyper-personalised insights combined with relationship manager expertise to cater to affluent clients' multi-location lifestyles.
• The bank plans to significantly increase its DBS Treasures Relationship Manager team strength by the end of financial year 2026.

Why It Matters: DBS is boosting wealth management in India, targeting affluent clients.