To offer entire bouquet of financial services
Alappuzha: Ettutharayil Finance, a prominent financial services entity in Southern Kerala is joining hands with Sharewealth Group, leading financial services providers in South India. Ettutharayil becoming an equity holder in Sharewealth has enabled the partnership. All regulatory processes connected with the equity participation have been completed, Ettutharayil Group Managing Director Anu Cherian and Sharewealth Managing Director and CEO TB Ramakrishnan (Ramki) told reporters in Alappuzha on Wednesday.
The entire bouquet of services provided by Sharewealth will be available in all the branches of Ettutharayil Finances following the agreement between the two companies. Ettutharayil Group is based at Kayamkulam.
Sharewealth Group has recently joined hands with Kotak Group, a leading national financial services company, enabling the availability of the services of Kotak Securities and Kotak Bank to Sharewealth customers. The same could be extended to the new alliance also.
The customers of Ettutharayil having the facility to avail the entire range of financial services under one roof is the major advantage for the Ettutharayil Group. The availability of diverse instruments and services is the key factor of this alliance. Accuracy, efficiency and speed would be the major components of these services.
Extensive facilities have been arranged for providing services such as D-Mat accounts of Indian Bourses (NSE and BSE), broking services, equity research, portfolio management services, mutual funds. The domain expertise and technical knowledge linked to broking services is unmatchable. Strong and stable broking services, equity-based loans are also available. The facility would enable clients in Kerala to purchase shares of global companies such as Apple, Tesla, Alphabet (Google), Meta (Facebook).
The alliance also provides an opportunity to deal in commodities and currency. Other facilities included home- vehicle, personal and business loans with very simple processing. Apart from that micro and small business firms could avail loans without any cumbersome procedures. A client in any income segment is assured of the most efficient services.
The technical muscle is the greatest asset of the alliance, said Anu Cherian, head of the Ettutharayil Finance. The presence of Sharewealth will grow by leaps and bounds in Southern Kerala with the new alliance, said TB Ramakrishnan MD and CEO of Sharewealth.
Jiz P. Kottukappillil, Chairman, Ettutharayil group, G Sreeram, MD, SI Capital services (Group company), Dr. T Vinayakumar, Chairman, Moat Financial services (Group company) were also participated in the press conference.
