Dbs
-
Lakshmi Vilas Bank becomes DBS India; 94-year old bank part of history now
Business | Nov 27, 2020, 07:03 PM ISTThe debt-ridden 94-year old old bank's fate was sealed with Union Cabinet headed by Prime Minister Narendra Modi approving Scheme of Amalagamation.
-
Lakshmi Vilas Bank merger with DBS India approved, no more restrictions on withdrawals
Business | Nov 25, 2020, 07:08 PM ISTDays after a month long moratorium was imposed on the Tamil Nadu based Lakshmi Vilas Bank, the Union Cabinet on Wednesday approved the scheme of Amalgamation of Lakshmi Vilas Bank with DBS Bank India Limited.
-
Merger with LVB to strengthen DBS Bank's India business: Moody's
Business | Nov 18, 2020, 07:06 PM ISTMoody's Investors Service on Wednesday said Singapore's DBS Bank will strengthen its India business following merger with troubled Lakshmi Vilas Bank.
-
DBS denies reports of Yes Bank acquisition
Business | Nov 02, 2019, 11:40 PM ISTSingapore-based DBS Bank said on Saturday that reports claiming that it will acquire controlling stakes in Yes Bank were false. "The rumours of DBS acquiring a stake in Yes Bank are unfounded and baseless," a DBS spokesperson told IANS.
-
DBS revises India GDP forecast for Fiscal Year 2020 down to 6.8 percent
Business | Jun 20, 2019, 11:37 AM IST“We revise down our real GDP forecast for FY20 to 6.8 per cent YoY versus 7 per cent earlier,” the bank said.
-
India's current account deficit likely to widen in June quarter: Report
Aug 02, 2015, 10:59 PM ISTNew Delhi: India's current account deficit (CAD) is likely to widen in the June quarter to 1.8-2.0% of GDP while for the current financial year, it is likely to remain under control, says a DBS
-
Reform agenda,FM choice,Rajan retention to drive mkt mood: DBS
May 20, 2014, 05:03 PM ISTMumbai: Singaporean brokerage DBS today said going forward the market sentiment will be driven by the Modi government's reform agenda, choice of the finance minister and allowing Governor Raghuram Rajan to continue at the Mint
-
DBS sees CD ratio remaining high for long
Oct 04, 2013, 06:07 PM ISTMumbai: The credit deposit ratio is likely to remain at an elevated level for the next 6-8 months on account of higher credit growth and slower deposit creation, among other things, a report said today.
-
Latest RBI move is to cut govt borrowing cost: DBS
Aug 21, 2013, 05:05 PM ISTMumbai: Singaporean bank DBS today said the latest RBI move to ease liquidity should not be construed as a drawback of its tightening stance, but as a measure to keep the government's borrowing cost under