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2 mins read

DBS Bank says it deducted 27% salary of its CEO Gupta for tech glitches in 2023

The salary of DBS Bank's Indian origin chief executive Piyush Gupta was cut by a hefty 27 per cent …

PTI   


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1 min read

Raghuram Rajan speaks out on zombie companies, a simmering real estate time bomb & more

Former Reserve Bank of India governor Raghuram Rajan who is now a professor at University of Chicag…

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2 mins read

RBI may hike benchmark lending rates by 25 bps in April: DBS

The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…

PTI   


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1 min read

DBS Bank sets decarbonisation targets for seven key sectors

DBS Bank set a target to become net zero by 2050, last October.It has now set sectoral targets foll…

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Fintech company MoneyPlanned raises over ₹2.5 crore from Inflection Point Ventures, others

Fintech company MoneyPlanned raises over ₹2.5 crore from Inflection Point Ventures, others

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4 mins read

Responsible Resurgence — a road to sustainable recovery

Over the last few years, climate change and sustainability have been increasingly integrated int…

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4 mins read

Responsible Resurgence — a road to sustainable recovery

Over the last few years, climate change and sustainability have been increasingly integrated int…

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2 mins read

The largest bank in Southeast Asia is launching a crypto trading service for retail customers this year

The move follows the bank's launch of a digital asset trading desk for institutional clients in lat…

Isabelle Lee   


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4 mins read

DBS Bank India partners with Stellapps to enable dairies to digitize value chain and reduce food waste

It leverages advanced analytics and artificial intelligence through its full-stack IoT platfor…

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4 mins read

DBS Bank’s custom financing leads the way for companies trying to reach net-zero goals

“The pilot programme was an integral part of DBS Bank India’s larger plan to build it…

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4 mins read

DBS Bank’s handcrafted solutions to empower MSMEs across India

Being a major contributor to the socio-economic development of the country, this sector has been…

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1 min read

JPMorgan teams with Singapore's DBS and Temasek to form a blockchain payment platform

The new company, Partior, will leverage blockchain technology and digitize M1 commercial money to d…

Isabelle Lee   


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3 mins read

LVB-DBS Bank India merger approved by Union Cabinet — ‘those who have made mistakes will be punished’

“Customers need not rush to banks to withdraw their money. However, whoever does wish to withdra…

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1 min read

LVB merger: DBS Bank India gets ₹2,500 crore fund infusion from DBS Bank Singapore

DBIL is well-capitalised, and its capital adequacy ratios (CAR) remains above regulatory require…

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2 mins read

Lakshmi Vilas Bank (LVB) is now amalgamated with DBS Bank India – fund infusion of ₹2,500 crore to follow

In a statement on Monday, DBS Bank said that the scheme of amalgamation is under the special pow…

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3 mins read

Lakshmi Vilas Bank promoter believes the RBI should've called for bids from interested parties other than DBS Bank for merger

Advocating proper valuation of Lakshmi Vilas Bank (LVB), its promoter has said that Singapore-based…

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4 mins read

Marketing in the times of COVID-19: DBS Bank

DBS Bank India's Shoma Narayanan shares a few key learnings that she has picked on her way in these…

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2 mins read

Indian economy on course for full-year contraction: DBS

"As the country goes to a post-pandemic situation, among all the priorities we have, health recover…

PTI   


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LVB-DBS India merger: RBI directs Lakshmi Vilas Bank to write off tier-2 bonds worth nearly ₹320 crore

The RBI, vide their letter on Thursday, has advised the need to fully write down the Series VII…

PTI   


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4 mins read

Banking union head questions why RBI did not consider banks other than DBS India to merge with LVB

The decision of Reserve Bank of India (RBI) to palm off 94-year-old Karur based Lakshmi Vilas Bank …