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What’s next for DBS after acquiring Lakshmi Vilas Bank?
Jul 2, 2023 · DBS India is justifying it’s LVB acquisition. Aided by its Asian roots and a 29-year track record in India, DBS Bank seems to have demonstrated a better understanding of the dynamic...
DBS India rolls out enhanced wealth management offering
1 day ago · DBS India has introduced an enhanced wealth management service, offering Indian customers seamless access to cross-border treasury services in key Asian markets. Among these Asian markets include ...
LVB to become DBS Bank India, cash withdrawal allowed from …
Nov 25, 2020 · Kolkata: The cabinet approved DBS India’s plan to take over capital-starved Lakshmi Vilas Bank (LVB), paving the way for the first such rescue by a foreign lender. The merger takes effect November 27, when the bar on withdrawals by LVB depositors will be lifted.
DBS Bank India reports strong profit and balance sheet growth …
India, 20 Jun 2023 - DBS Bank India Limited, the wholly owned subsidiary of DBS Bank Ltd., announced its financial results for the fiscal year ending March 31, 2023. The bank reported a net profit of INR 228 Cr for FY22-23, representing a 37% …
Singapore's DBS may become biggest foreign bank in India via ...
Nov 18, 2020 · DBS Group Holdings Ltd.'s ambitions to grow in India may get a leg up after the nation's central bank proposed it take over Lakshmi Vilas Bank Ltd., an ailing local lender, by infusing 25 billion rupees of additional capital.
Dbs Bank | Latest & Breaking News on Dbs Bank - Moneycontrol
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...
Madras High Court refuses to interfere with merger of Lakshmi …
Apr 26, 2024 · The Madras High Court on Friday refused to interfere with the decision taken by the Reserve Bank of India (RBI), and approved by the Centre, in November 2020 to amalgamate Lakshmi Vilas Bank...
Latest & Breaking News on Dbs Bank India - Moneycontrol
DBS Bank aims to triple India business via wholly-owned subsidiary. DBS Bank invested Rs 1,800 crore this year to fuel growth in the short run and Its capital base in India now stands at Rs...
DBS India : Latest News Headlines, Videos and Photo Galleries on DBS …
India's strong growth offers room for the Reserve Bank of India to raise rates by another 60 basis points as the central bank seeks to stamp out high inflation, said DBS Group Research.