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About TAIB India
TAIB Bank realized the significance of India's
potential growth in the early 90's. Sensing that investments in
India at that stage could reap considerable benefits in the future,
in 1995 TAIB Bank was the first institution from the Gulf to register
in India as a Foreign Financial Investor. Since then TAIB has always
been active in the Indian market.
To increase its India focus, TAIB Bank set up its subsidiary, TAIB
Capital Corporation Ltd. (TCCL) in 1995. TCCL offers wealth management,
corporate finance services and advisory services.
TCCL also offers advisory wealth management services to clients
of TAIB Securities Mauritius (TSML) who are new to the Indian market
and want the advice of experts in portfolio building. TSML is a
broad based fund registered in Mauritius which mobilizes funds from
international investors for investment into equity markets. TAIB
Bank B.S.C. (c) has an India-dedicated mutual fund called Everest
Fund, developed for retail overseas investors. The Everest Fund
is managed on 'Fund-of-Funds' concept internationally with advisory
services provided by TCCL. TAIB India provides the required assistance
to TSML and the Everest Fund for their investment into Indian markets.
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