Billionaire Nirmal Jain Hiring 60 Bankers for India Wealth Boom
Jain founded his flagship Mumbai-based IIFL Group and grew it into a financial services behemoth, comprising a shadow bank, a retail and institutional broking firm and a discount brokerage arm, along with a stake in a wealth manager. The three-decade-old group has propelled Jain and his wife Madhu's net worth to $1.2 billion, according to the Bloomberg Billionaires Index.
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