Federal Bank has announced the launch of its wealth management platform and the inauguration of its first Wealth Hub, marking the next phase of the bank’s strategic expansion in the wealth management business.
The bank will establish dedicated Wealth Hubs across key locations.
These specialised centres will provide clients with a private, premium environment to engage with relationship managers and portfolio counsellors, review investment strategies, and access research insights across asset classes through both in-person and virtual consultations., said a press release
As part of this strategic expansion, and to align with the bank’s evolving product and service architecture for affluent and UHNI clients, the existing arrangement between Federal Bank and Equirus Capital Private Limited (“Equirus”) for wealth management services will be restructured.
Customers who currently avail wealth management services through the existing arrangement with Equirus will continue to do so without disruption under the current framework.
Federal Bank continues to hold 8.69 per cent stake in Equirus. The Bank and Equirus will continue to collaborate to fulfill the investment needs of UHNI category customers by offering select products and services from the Equirus wealth management suite.
Published on March 9, 2026
