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Duncan Lawrie Bank India branch opens

Kolkata, April 13 (IANS) The UK-based private bank, Duncan Lawrie, began its operations in India Tuesday opening an office here.

"Our representative office in Kolkata would be marketing portfolio management services and would target high net worth clients whose funds would be managed by our office in England," the bank's managing director P.J. Field told reporters on the sidelines of Goodricke's annual general meeting.

Duncan Lawrie, with its head office in Belgravia, London, is a wholly-owned subsidiary of Camellia Plc of UK, which is the promoter of Goodricke Group Ltd, a tea plantation company.

Duncan Lawrie would operate out of Goodricke's office in the city.

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