banking and securities major DSP Merrill Lynch Ltd (DSPML) has been named
the ''best private bank'' in India by Euromoney, in its 2004 private
banking poll, results of which were released in January 2005. It has bagged
this coveted position in all three high net worth categories: $1million
to $10million, $10 million to $ 30 million and the ultra high net worth
category of over $30 million.
Merrill Lynch Limited provides securities broking, distribution of securities
including mutual fund schemes and depository participant services to high
net worth individuals and their associated entities.
is an honour to receive the award and we would like to thank our clients
who have the confidence in our services," DSP Merrill Lynch executive
vice chairman Shitin Desai said. "The award reflects our commitment
to building long term relationships with our clients."
Merrill Lynch is a joint venture with Merrill Lynch & Co, the leading
international capital raising, financial management and advisory company.
Merrill Lynch has a 40 per cent equity ownership in DSPML.