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What Is Hni Client In Banking Sector

Posted by Anonymous on 9/18/2009 at 11:11 AM ET 25 Points
what is hni client in banking sector
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  • Posted by Gary Bloomer on 9/18/2009 at 1:18 PM 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 on 9/23/2009 at 7:05 AM 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
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