Dbs Bank

Businesses waiting to shift from being fossil fuels guzzlers to green units would be the focus and the sweet spot for DBS Bank's 'transition finance', says Helge Muenkel

Comedy of error: Ex-DBS Bank employee says she met Piyush Gupta in Bali. He replies, 'That isn't me'

A Singaporean founder's viral LinkedIn post celebrating a chance meeting with 'Piyush Gupta' in Bali took a hilarious turn when the real ex-DBS CEO commented. The mistaken identity left social media in stitches.

MC Exclusive | Lendingkart taps veteran banker Prashant Joshi as CEO after Fullerton takeover

The former Managing Director (MD) at DBS Bank India, takes the helm at Lendingkart following Temasek’s Fullerton Financial Holdings acquiring a controlling stake in the company.

Kotak Mahindra Bank’s Ambuj Chandna joins DBS Bank India

Chandna has joined DBS India as MD and head of consumer banking group

DBS Bank nominates Rajat Verma to be next India CEO: Report

Rajat Verma slated to replace Surojit Shome, who plans to retire after leading DBS Bank India since 2015, the sources said

DBS Bank CEO Piyush Gupta to step down in March 2025; Tan Su Shan to take over

He will be succeeded by Tan Su Shan, who was appointed as deputy CEO, in addition to her current role as the group head of institutional banking, DBS said in a regulatory filing on Wednesday

Hong Kong fines DBS Bank $1.3 million for money-laundering breaches

Parent group DBS, Southeast Asia's largest bank, was among lenders caught up in a billion-dollar money-laundering scandal in Singapore last year

DBS Bank appoints Rajat Verma as MD and Head of Institutional Banking

The current Head of Institutional Banking for India, Niraj Mittal, has moved to a new role as Country Head of DBS Bank in Australia.

DBS sees 'high potential' in India to grow its market: Report

DBS said it sees "high potential opportunities" in India, Indonesia, and Taiwan, its growth markets, during its first presentation for the event since 2017. It targets areas such as transaction banking, wealth management, lending to small businesses, and unsecured retail lending.

Budget 2023: Radhika Rao of DBS Bank hopes to see push to rural economy, social welfare

According to Radhika Rao, there could be a broadening of the support for manufacturing and supply chain rejig. Fiscal incentives, like the production linked incentive scheme, have benefitted many sectors, especially electronics, including the production of mobiles.

Banks go big on partnerships to expand services, lure customers

Lenders are tying up with global companies, fintechs and other organisations to provide additional and advanced services to their customers.

What to expect for the business banking sector in 2023

Sudarshan Chari, Executive Director, and Head of Business Banking at DBS Bank India shares his expectations on the banking sector performance for 2023. After the completion of the merger and banking services from Lakshmi Vilas Bank, DBS Bank India is hoping for a year of growth. Bullish for SME and business banking in 2023, Chari said that for DBS Bank India, there is scope for growth and newer market reach. Watch the full interview!

Rupee likely to trade in a narrow range against the dollar for the rest of 2022, says DBS Bank’s Radhika Rao

DBS Bank’s forecast for the rupee was that the currency would range between 81 and 82.30 per dollar in October-December. The price “has played out along expectations,” senior economist Radhika Rao has told Moneycontrol

Billionaire Venture signs MoU with DBS Bank

Besides creating thousands of jobs through this initial initiative, the JV will fulfil the dream of many young entrepreneurs to promote more such Startups in the country and create millions of jobs in the years to come.

DBS Bank India reports Rs 167 crore net for FY22

DBS Bank India had a net profit of Rs 312 crore in the year-ago period but the bank said the results are not comparable because of its merger with private sector lender Lakshmi Vilas Bank in November 2020, which made FY22 the first full year of operation for the larger entity.

MAS to explore the economic potential of DeFi

MAS aims to develop and pilot use cases in open, interoperable networks, trust anchors (entities that maintain ledgers in the blockchain ecosystem), asset tokenisation, and institutional-grade DeFi protocols.

MC Interview: DBS Bank senior economist Radhika Rao on why yields shot up on Budget day

"Ahead of the monetary policy review, 10 year yields are up sharply, building on a 30 basis point rise on a year to date basis, fuelled by strong gains in US yields, rally in oil prices, upcoming policy normalisation and anticipation of a higher borrowing programme."

This bank beat SBI, HDFC & ICICI to top Forbes' 'World's Best Banks' list in India

Forbes rated banks on general satisfaction and attributes such as trust, fees, digital services and financial advice.

RBI extends Rs 7,000-crore special liquidity assistance to DBS Bank: Report

The funds will be used by DBS Bank India to manage the mismatch arising out of erstwhile Lakshmi Vilas Bank's assets and liabilities, according to a news report.

Copper prices may rise further on Chinese demand, decarbonization efforts

Copper has gained nearly 25 percent year-on-year but since March-end, when it slipped to a low of $4,500 a tonne the metal has gained 75 percent.

LVB hoped to clinch Clix deal on October 23, Saraswathi pooja day; delays made RBI lose patience, says former promoter

Following the developments at the bank’s AGM, when seven LVB directors were ousted, the new LVB management and Clix couldn’t complete the process in time, says KR Pradeep, former promoter of the bank

3 Point Analysis | LVB-DBS Bank merged: What next for the beleaguered bank?

The Bombay High Court has refused to grant an interim relief to the Lakshmi Vilas Bank shareholders’ petitions challenging the scheme of amalgamation with DBS Bank India. Find out what's in store for the troubled bank?

LVB promoter group entities drag RBI, Govt, DBS Bank to Bombay HC; challenge final scheme of amalgamation

The promoter group holds 6.80 per cent stake in Lakshmi Vilas Bank

Lakshmi Vilas Bank investors to approach RBI to stop merger with DBS Bank

Shareholders of Lakshmi Vilas Bank have suggested other options for the resolution of the stressed lender, including a bidding process from prospective suitors.

Lakshmi Vilas Bank moratorium: Bank has enough liquidity, depositors' money safe, says LVB administrator

LVB administrator TN Manoharan said since the moratorium was clamped the bank saw only Rs 10 crore withdrawal through ATMs