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DBS Report

DBS posts record quarterly profit, sees 2025 dip from tax changes

The bank also announced that its board had established a new share buyback programme of S$3 billion

Updated On: 07 Nov 2024 | 11:21 AM IST

DBS CEO Piyush Gupta's total pay declined 27% to $8.3 million in 2023

In 2022, Gupta received a salary of SGD 15.4 million

Updated On: 06 Mar 2024 | 12:15 PM IST

DBS Bank India appoints Rajat Verma as MD, Head of Institutional Banking

Rajat Verma will be taking over from Niraj Mittal, who will take charge as the country head of DBS Bank in Australia

Updated On: 26 Jun 2023 | 4:17 PM IST

DBS Bank India seeks three-fold jump in gold loan portfolio in 5 yrs: Exec

Lender's amalgamation with Lakshmi Vilas Bank expanded its reach in South India

Updated On: 03 Nov 2022 | 2:59 PM IST

DBS Group bullish on India, to grow through 'phygital' model, says CEO

DBS Group is bullish about business opportunities in India and has employed a phygital strategy, offering best-in-class digital capabilities to customers supported by a strong physical network

Updated On: 07 Aug 2022 | 4:21 PM IST

India's Q2 GDP data crucial, rupee to decline further on weak numbers: DBS

India's industrial production contracted sharply by 4.3 per cent Y-o-Y in September against the 2.5 per cent consensus. August's contraction was revised down to 1.4 per cent from 1.1 per cent.

Updated On: 12 Nov 2019 | 5:43 PM IST

Prudent spending, higher revenue may revive Indian economic growth: DBS

Moody's decision to change the outlook to negative reflects increasing risks that economic growth will remain lower

Updated On: 08 Nov 2019 | 6:34 PM IST

Job confidence, not tax cuts, will help boost consumption spend: DBS

The govet had last month announced a ten percentage point cut in corporate taxes, to get Indian levies at par with others, to spur investments.

Updated On: 29 Oct 2019 | 8:37 PM IST

DBS lowers India's FY20 GDP growth to 6.2%; expects another rate cut in Dec

Real GDP slowed to 5% year-on-year in 2Q (first quarter of FY20) from the first quarter's 5.8%, below DBS' sub-consensus and market expectations

Updated On: 02 Sep 2019 | 3:39 PM IST

Sovereign bond yields to consolidate ahead of monetary policy review: DBS

The Reserve Bank's next policy review meet is scheduled to be held from August 5th to 7th

Updated On: 23 Jul 2019 | 1:46 PM IST

Indian banks showing positive signs but fundamentals still weak: DBS report

Overall, most banks showed a reduction in gross non-performing loans (NPLs) and lower formation of new NPLs

Updated On: 09 Nov 2018 | 12:51 PM IST