SEOUL, December 03 (AJP) - South Korea’s KB Securities has formally opened an office in Mumbai, marking its entry into India’s fast-growing financial market.
The new office is located in Lower Parel, positioned between Mumbai’s traditional business center of Nariman Point and the Bandra Kurla Complex (BKC), the city’s financial hub. KB Securities said the branch will focus on exploring investment opportunities and strengthening its presence in India’s capital markets.
The opening ceremony, held on Dec. 1, was attended by senior figures including Yoo Dong-wan, South Korea’s consul general in Mumbai, and Rohit Kumar, head of business development at the National Stock Exchange of India.
The firm said in a press release that the Mumbai branch will serve as a base for securing M&A and equity investment opportunities, adding that the firm aims to link its global business expertise with India’s growth potential through close cooperation with local financial institutions and regulators.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
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