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KB Securities opens Mumbai office to enter India's financial market

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By Yonhap
  • Published KST
Officials attend the opening ceremony of KB Securities' new office in Mumbai, India, Monday. Courtesy of KB Securities

Officials attend the opening ceremony of KB Securities' new office in Mumbai, India, Monday. Courtesy of KB Securities

Local brokerage KB Securities said Wednesday it has opened an office in India's financial capital of Mumbai to seek new investment opportunities there.

An opening ceremony was held on Monday (local time) at the new office located near India's financial center of Bandra Kurla Complex (BKC), with the attendance of National Stock Exchange of India's vice president, Rohit Kumar, and Korea's consul general to Mumbai, Kim Dong-wan, the brokerage said in a press release.

KB Securities added that its Mumbai office will serve as an outpost to secure various investment opportunities in India, including merger and acquisition deals.