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DBS BANK ANALYSIS
India's 10-year bond yield nears 6.90% on Iran ceasefire, RBI decision awaitedIndian government bonds experienced a significant surge on Wednesday, driven by a sharp drop in oil prices following a U.S.-Iran ceasefire ...
Rupee on shaky ground, touches fresh low of 93.73The Indian rupee experienced its sharpest single-day fall since late 2022, plummeting to a historic low of 93.73 against the dollar. Surgin...
Rupee on shaky ground touches fresh low of 93.73In a dramatic turn of events, the Indian Rupee plunged sharply in a single trading session, marking its most significant drop since late 20...
India June inflation likely to be close to 5%, RBI governor saysIndia's retail inflation is expected to be close to 5% in June, according to surveys by the Reserve Bank of India (RBI). RBI Governor Shakt...
Bankers in India to get higher salary increases than Singapore, Hong KongIndia's finance professionals are set for significant salary hikes in 2024, outstripping Hong Kong and Singapore. Major firms like HSBC Hol...
Singapore's anti-money-laundering regime is sound: DBS CEO Piyush GuptaDBS Group CEO Piyush Gupta has stated that Singapore's anti-money-laundering regime is robust, with banks investing heavily in anti-fraud t...
CoinSwitch appoints DBS Bank's Shiva Tadikonda as chief compliance officer"We are committed to building a compliant investing ecosystem that investors and regulators can trust. Shiva's experience across large regu...
Crypto Week At A Glance: Bitcoin consolidates below $20K as ETH sell-off ensures post MergeBitcoin (BTC) has dropped by more than 6 per cent this week and has failed to hold support at $22,000 after successfully breaching $22,600 ...
Axis Bank to acquire Citi India’s retail assets for $2 billionAxis Bank is the fourth-largest issuer of credit cards with a total base of 8.6 million cards. Its retail book is nearly Rs 4 lakh crore. O...
Five banks may bid for Citi's India consumer businessesHDFC Bank and Kotak Mahindra Bank, two of India's top three most valued private sector lenders, are considered front-runners to win the bus...
Citibank may sell India credit card biz separatelyCiti is the sixth-largest card issuer in India. It has lost market share in terms of card spends, from a 20% share a decade ago to 4% now, ...
Local lenders lead race to buy parts of Citi's India businessCitibank's consumer banking business houses three relevant businesses namely, credit cards, wealth management and mortgages the bank may se...
YES Bank, LVB events show RBI did not identify 'evergreening', shows Eco SurveyThe economic survey went on to add the audits conducted by the RBI failed to capture the evergreening at Yes Bank and LVB. Yes Bank had to ...
Economists see strong GDP rebound in 2021DBS Bank projected gross domestic product (GDP) growth at 7.6% in 2021, among the fastest in the region after a 7.4% contraction in 2020.
DBS merger: Lakshmi Vilas Bank's shareholders set to contest move to wipe out equityAll of the bank's equity, including the shareholding of Indiabulls Housing Finance (4.99%), Srei Infrastructure Finance (3.34%), Capri Glob...
CapitaLand secures first three green loans in India totalling Rs 1700 crore for its business park developmentsThe three green loans mark CapitaLand’s first foray in sustainable finance in India. Proceeds from the green loans will be used to finance ...
India banks on swelling forex kitty amid West Asia conflictIndia’s foreign exchange reserves rose by $64 billion in 2019 to touch $457.5 billion.
- Over a dozen banks posted 100 per cent plus jump in net NPAs: Survey
SBI too saw its net NPAs shoot up by 40% in during the first half of 2012-13 as against an increase of 28% in the previous financial year.
- Interest rate hikes a 'vote of confidence' in Asian growth
While Asia is not immune to the effects of a slowdown in Europe and US, the region's dependence on them has been reduced. Costly but good s...
- Oil back above $70 in Asian trade
Oil prices jumped back above 70 dollars in Asian trade on Tuesday as the US currency weakened, but trading was cautious ahead of the G20 su...