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New businesses to drive profits of broking houses: CRISIL

CRISIL Ratings has come out with its report on Indian broking houses' core broking and investment banking businesses. According to the rating agency, businesses like wealth advisory, asset management, and retail lending will contribute 50% of the broking houses’ profits in 2012-13.

January 17, 2012 / 12:39 IST
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CRISIL Ratings has come out with its report on Indian broking houses' core broking and investment banking businesses. According to the rating agency, businesses like wealth advisory, asset management, and retail lending will contribute 50% of the broking houses

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first published: Jan 17, 2012 11:29 am

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