DBS Bank

Citi’s biz good bet for Kotak, DBS Bank: Analysts

At least five foreign and private banks are vying for the consumer banking franchise of Citi India, particularly credit cards but the deal may not be a “game-changer” for all the shortlisted candidate

published on : 11th September 2021

DBS Bank India to enter credit card business this year: MD Prashant Joshi

The lender plans to cash in on the consumer credit that is likely to peak this festive season as economic activity picks up.

published on : 27th August 2021

DBS Bank sees sharp rise in bad loans post Lakshmi Vilas Bank merger

However, the lender has been able to register a near three-fold rise in net profit to Rs 312 crore for the year ended March 2021 (FY21), up from Rs 111 crore in FY20.

published on : 9th July 2021

Post Lakshmi Vilas Bank merger, DBS Bank India reports higher net profit for FY21; NPAs zoom

The gross non-performing assets of the combined entity shot up to 12.93 per cent, with a bulk of the strain coming from the erstwhile LVB's portfolio.

published on : 8th July 2021

System not compromised, leaked messages don't have sensitive data: DBS Bank

Hackers have allegedly compromised servers of enterprise communications firm Route Mobile, even as the company claimed that data of its customers is safe.

published on : 15th April 2021