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IDBI Capital bags CNBC TV18’s prestigious National Financial Advisor Award
2008-04-01
IDBI Capital Market Services Ltd. has been awarded the ‘Best National Financial Advisor-Institutional' in India at the prestigious ‘CNBC TV18 Financial Advisor Awards 2007’. This is the 2nd consecutive year in which IDBI Capital has walked away with this award.
Recognizing the crucial role that financial advisors play in the wealth creation process, CNBC-TV18 has constituted these awards in 2006 to distinguish the best among the financial advisors in the country, with evaluation support from ICRA and a high-powered jury.
The assessment has been done on parameters like assets under management (size), asset profile, number of investment advisors, quality of research/advice, range of products offered, product innovation, experience, client servicing, etc.
“At IDBI Capital we continuously endeavour to offer the best services to our clients in all fields. Successfully earning the trust and confidence of our clients has been an enriching experience. This award is further testimony to our expertise and quality services and I would like to thank CNBC TV18 & OptiMix for bestowing such a prestigious award upon us,” said Mr Muhnot, MD & CEO IDBI Capital.
“A main area of focus is on extending the same expertise to the retail side of the business, thus allowing individual investors to benefit as well. We have already taken a major initiative in this field through our online investing portal – www.idbipaisabuilder.in, an advanced online trading portal built with the core objective of providing easy and informed investing in equity, F&O, mutual funds & IPOs. The portal provides answers and guidance to investors about possible investment options and accurate, timely information,” Mr. Muhnot added.
IDBI Capital is a leading provider of financial services and is a 100% subsidiary of Industrial Development Bank of India (IDBI) Ltd. Set up in 1993, IDBI capital provides a complete range of financial products and services that includes stock broking, distribution of financial products, investment banking, merchant banking, corporate advisory services, debt arranging & underwriting and managing client assets. |
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