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DBS Bank launches overseas education solutions with free transfers & loans

This programme helps Indian students studying abroad with zero-fee international transfers, education loans and travel insurance

DBS Bank launches overseas education solutions with free transfers & loans
Updated On : 20 Dec 2024 | 5:11 PM IST

DBS Bank India awaits RBI nod for new CEO as incumbent Shome set to retire

Following a successful career at the helm of DBS Bank India since April 2015, Shome had indicated his desire to retire some time ago

DBS Bank India awaits RBI nod for new CEO as incumbent Shome set to retire
Updated On : 12 Nov 2024 | 8:07 PM IST

DBS Bank nominates Rajat Verma to be next India unit CEO, say sources

Rajat Verma was appointed DBS managing director and head of institutional banking for India last year

DBS Bank nominates Rajat Verma to be next India unit CEO, say sources
Updated On : 12 Nov 2024 | 2:12 PM IST

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

DBS posts record quarterly profit, sees 2025 dip from tax changes
Updated On : 07 Nov 2024 | 11:21 AM IST

Data InvIT raises nearly $1 bn in rare bond deal to fund ATC India purchase

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

Data InvIT raises nearly $1 bn in rare bond deal to fund ATC India purchase
Updated On : 05 Sep 2024 | 4:06 PM IST

Tata Communications raises $250 million sustainability-linked loans

ANZ acted as the lead sustainability coordinator for the loan, while DBS Bank and EDC were the joint sustainability coordinators

Tata Communications raises $250 million sustainability-linked loans
Updated On : 20 Jun 2024 | 6:59 PM IST

Tata Comm secures $250 mn loan from ANZ, EDC, DBS Bank; stock jumps 3%

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

Tata Comm secures $250 mn loan from ANZ, EDC, DBS Bank; stock jumps 3%
Updated On : 20 Jun 2024 | 1:57 PM IST

HDFC Credila raises $100 million via ECB to diversify funding resources

HDFC Credila, an erstwhile subsidiary of HDFC Limited (now HDFC Bank), focuses on the education loans business

HDFC Credila raises $100 million via ECB to diversify funding resources
Updated On : 09 Apr 2024 | 8:05 PM 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

DBS CEO Piyush Gupta's total pay declined 27% to $8.3 million in 2023
Updated On : 06 Mar 2024 | 12:15 PM IST

The Singapore banker who tried to be Gandalf is now running out of time

Trouble is, after more than 14 years leading DBS, the wizard of Asian banking is running out of time: Succession is on the horizon

The Singapore banker who tried to be Gandalf is now running out of time
Updated On : 08 Feb 2024 | 7:08 AM IST

DBS cuts CEO Piyush Gupta's pay by $3 million on digital banking outage

DBS shares rose as much as 2.8%, the most in six weeks, out-pacing the city-state benchmark stock index

DBS cuts CEO Piyush Gupta's pay by $3 million on digital banking outage
Updated On : 07 Feb 2024 | 10:51 PM IST

DBS Bank collaborates with StartupTN to support 1,000 early-stage firms

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

DBS Bank collaborates with StartupTN to support 1,000 early-stage firms
Updated On : 18 Jan 2024 | 7:01 PM IST

India extends UPI services to France, first in Europe after Singapore

The National Payments Corporation of India (NPCI) has set up connectivity with Lyra in France

India extends UPI services to France, first in Europe after Singapore
Updated On : 20 Jul 2023 | 11:09 AM 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

DBS Bank India appoints Rajat Verma as MD, Head of Institutional Banking
Updated On : 26 Jun 2023 | 4:17 PM IST

DBS Bank to enter affordable home loan segment by end of this fiscal

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 ..

DBS Bank to enter affordable home loan segment by end of this fiscal
Updated On : 11 Apr 2023 | 8:21 PM IST

DBS Bank India offers Morningstar-curated investments on risk preference

The feature called 'digiportfolio' uses tech and human expertise to customise investment options for different investors

DBS Bank India offers Morningstar-curated investments on risk preference
Updated On : 29 Mar 2023 | 4:53 PM IST

Are the ultra-rich ready for Singapore after Credit Suisse's collapse?

If it looks like the US is halting its monetary-tightening campaign because disinflation is on the horizon, risk sentiment may start improving

Are the ultra-rich ready for Singapore after Credit Suisse's collapse?
Updated On : 21 Mar 2023 | 10:29 AM IST

No contagion seen on Indian bonds, forex from SVB collapse: DBS Bank

"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"

No contagion seen on Indian bonds, forex from SVB collapse: DBS Bank
Updated On : 15 Mar 2023 | 12:43 PM IST

DBS CEO Piyush Gupta's total pay for 2022 rises by 13% to $11.4 million

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 CEO Piyush Gupta's total pay for 2022 rises by 13% to $11.4 million
Updated On : 09 Mar 2023 | 8:57 AM IST

DBS says not concerned about exposure to Adani group amid Hindenburg rout

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 says not concerned about exposure to Adani group amid Hindenburg rout
Updated On : 13 Feb 2023 | 10:01 AM IST