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DBS Bank News
''Lakshmi Vilas Bank-DBS Bank India amalgamation fishy scheme''
Sat, Nov 21, 2020
Concerned citizens, shareholders and a major union in the banking sector are of the view that the Reserve Bank of India (RBI) mooted amalgamation scheme for Lakshmi Vilas Bank (LVB) with DBS Bank India, a subsidiary of the DBS Bank, Singapore is fishy.
DBS denies reports of Yes Bank acqusition
Sun, Nov 03, 2019
Singapore-based DBS Bank said on Saturday that reports claiming that it will acquire controlling stakes in Yes Bank were false.
RBI credit policy: DBS Group expects 25 bps cut on June 6
Thu, May 30, 2019
A recent RBI study, interestingly, highlighted that deposit growth holds a closer relationship with nominal GDP trends rather than deposit interest rates, noted the report.
HDFC Bank ranked No. 1 in India by Forbes; Surprise at No. 3; SBI not in top 10
Thu, Apr 11, 2019
HDFC Bank emerged as India’s No. 1 bank. It was a unique survey as it did not measure financial performance, ignoring balance sheets and P&L statements in favour of customer opinion.
Exclusive: Surojit Shome, DBS Bank, CEO on their expansion
Mon, Mar 04, 2019
Watch exclusive interview of Surojit Shome, DBS Bank, CEO on their expansion.
Inflation likely to average 4.7% this fiscal, RBI to tighten rates, says DBS
Thu, Jul 26, 2018
"The impact of a good monsoon on headline inflation is, however, less direct as past episodes of a strong monsoon did not necessarily mean low inflation as other offsetting factors played a bigger hand," said Radhika Rao, India Economist, DBS Bank.
Singapore's DBS extends Asia private banking push with ANZ assets purchase
Mon, Oct 31, 2016
DBS Group plans to buy Australia and New Zealand Banking Group`s wealth and retail businesses in five Asian markets - part of a big private banking push for the Singapore lender and the first significant retreat from Asia for ANZ.
DBS Bank sees growth opportunity in NPA-saddled domestic banking
Sun, May 01, 2016
DBS was the first operating foreign lender to go in for WoS and had accordingly applied for the same, but it yet to hear from the regulator.