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Following a successful career at the helm of DBS Bank India since April 2015, Shome had indicated his desire to retire some time ago
Rajat Verma was appointed DBS managing director and head of institutional banking for India last year
The bank also announced that its board had established a new share buyback programme of S$3 billion
Canada's Brookfield Asset Management had said at the start of the year that it would buy ATC's India operations, ATC Telecom Infrastructure, for $2.5 billion via the trust
ANZ acted as the lead sustainability coordinator for the loan, while DBS Bank and EDC were the joint sustainability coordinators
On Thursday, shares of Tata Communications surged by 2.62 per cent at Rs 1,879.90 a piece on the BSE in intraday trade
HDFC Credila, an erstwhile subsidiary of HDFC Limited (now HDFC Bank), focuses on the education loans business
In 2022, Gupta received a salary of SGD 15.4 million
Trouble is, after more than 14 years leading DBS, the wizard of Asian banking is running out of time: Succession is on the horizon
DBS shares rose as much as 2.8%, the most in six weeks, out-pacing the city-state benchmark stock index
DBS Bank India, the subsidiary of financial services group DBS Singapore, on Thursday said it has partnered with the Tamil Nadu government backed StartupTN to foster entrepreneurship in the state. As per the collaboration between the two entities, the partnership would focus on early-stage startups in Tier II and III towns. It aims to strengthen the ecosystem and provide crucial support to startups, including knowledge sharing and facilitating connections with potential investors, a press release from DBS Bank India said on Thursday. StartupTN, which supports over 7,400 startups registered with the Department for Promotion of Industry and Internal Trade across 30 sectors, aims to nurture a vibrant startup ecosystem in Tamil Nadu resulting in innovation and entrepreneurship-driven employment and economic growth. The partnership between DBS Bank India and StartupTN also addresses the need to provide customised solutions to help startups navigate specific challenges during their early
The National Payments Corporation of India (NPCI) has set up connectivity with Lyra in France
Rajat Verma will be taking over from Niraj Mittal, who will take charge as the country head of DBS Bank in Australia
DBS Bank India on Tuesday said it will enter the affordable home loan segment by the end of this financial year as the lender looks to expand the retail portfolio. The bank is looking to launch the product during the fourth quarter, DBS Bank India Executive Director (Head-National Distribution) Bharath Mani said here. "We are targeting mostly customers in Tier II and Tier III cities for this product," he said, adding that the bank will launch proprietary credit cards by June. The proposed credit card would be targeted at affluent and super affluent segments, he said. Currently, the bank has a co-branded credit card with Bajaj Finserv and a customer base of 2,00,000. Meanwhile, DBS Bank India has announced a partnership with IndiaFilings, a leading platform for startups and small businesses in India. The partnership will enable the bank to provide end-to-end financial services support to new companies and startups through a co-branded portal. In a statement, the bank said the ..
The feature called 'digiportfolio' uses tech and human expertise to customise investment options for different investors
If it looks like the US is halting its monetary-tightening campaign because disinflation is on the horizon, risk sentiment may start improving
"The dollar index is not stretching as the typical risk-off scenario. Unless commercial activity drops across the world, which does not seem to be the case, we may not see any major impact"
Gupta received a cash bonus of about S$5.8 million ($4.3 million) and a salary remuneration of S$1.5 million that contributed to an overall compensation of S$15.4 million for 2022
DBS Group has a tightly managed exposure to India's troubled Adani group of companies, the CEO of Southeast Asia's largest bank said on Monday
DBS Bank expects the government to target a fiscal deficit of 5.8-5.9% of gross domestic product (GDP) in 2023/24 as against the 6.4% outlined for this financial year ending on March 31