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Topic: Student Questions

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This question has been answered, and points have been awarded.

What Is Hni Client In Banking Sector

Posted by tulikakumari.shy on 25 Points
what is hni client in banking sector

  • Posted by Gary Bloomer on Accepted
    Dear tulikakumari.shy,

    HNI stands for High Networth Individual, or High Networth Income.
    But I'm curious as to why you couldn't look this up for yourself.

    Gary Bloomer
    Wilmington, DE, USA
  • Posted by ritesh.paul on Accepted
    HNI means High networth Individual. More than the literary meaning, it is more important to understand that these customers need better service, better advise etc. High Net Worth Individuals (HNIs) are persons/entities with over Rs. 25 lacs in portfolio money. This classification is made in order to serve the risk capacity of the investor and recommend a most suitable division of his/her/its funds between various asset classes.

    Ritesh Pal
  • Posted by carrie77 on Moderator
    Hi Everyone,

    I am closing this question since it's more than 2 weeks old. We do this to reward the contributions of participants in a timely manner + to give increased visibility to the newer questions.

    Thanks for participating!
    Carrie (Production Editor)

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