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From Rs 2 crore to Rs 5,000 crore! How NSE IPO is a jackpot for SBI with 256,775% profitState Bank of India anticipates a massive Rs 5,000 crore profit from the National Stock Exchange's upcoming Rs 30,000 crore IPO. This IPO i...- DBS cuts CEO Gupta's pay by 30 per cent due to digital disruptions suffered by customers in 2023DBS, Singapore's leading corporate group, has reduced CEO Piyush Gupta's variable pay by 30% due to digital disruptions experienced by the ...
- PM Modi attends fintech event at GIFT CityAs per the schedule shared by the organisers, steel tycoon Lakshmi Mittal of Arcelor Mittal, Sanjay Mehrotra of Micron, Ankur Gupta of Broo...
- DBS, three other finance bodies fined 3.8 million Singaporean dollars for money laundering: ReportDBS, along with homegrown OCBC, Citibank Singapore and insurer Swiss Life Singapore of Swiss Life Group, have been jointly fined 3.8 millio...
- DBS Bank India acquires 9.9% in NBFC Svakarma FinanceTaking over LVB helped DBS Bank India add over 550 branches and 900 automated teller machines (ATMs) to its relatively small presence in th...
- Post LVB merger, DBS Bank India reports higher net profit for FY21; NPAs zoomDBS Bank India, which bailed out LVB and in the process increased its network, had reported a post tax net of Rs 111 crore in FY20.
- ET Awards' Global Indian Piyush Gupta: Making it big in a country where it’s easier said than doneIn September 2009, after 27 years at Citi, Gupta left to take charge of DBS Bank, Singapore, and in 11 years as chief executive, he changed...
- Bond, share write-offs in bank rescue acts done in depositor interest, legal: DasIt can be noted that during the Yes Bank's rescue in March this year, over Rs 7,000 crore of additional tier-I bonds were written-off, whil...
- Singaporean lender DBS seeks more payout from Ruchi Soya dealAN NCLT bench has asked Ruchi Soya and the DBS to file detailed submissions by May 10.
- NCLT gives a second chance to Ushdev's Singaporean bidderState Bank has initiated insolvency resolution proceeding against Ushdev, a company which was part of the second list released by the Reser...
- DBS India to hire 600-800 persons in 18 months as it goes into expansion modeAs part of its branch expansion to nine new locations during this month, three branches kick-started Wednesday in Gurugram, Noida and Coimb...
- RBI may hold the rates baton till March: reportDecision on rates will be majorly influenced by the movement in oil prices and rupee.
- DBS Bank to set up offshore tech hub in HyderabadIt has created a wholly-owned subsidiary -- DBS Asia Hub 2 -- for this purpose and according to a filing with the exchanges, the initial an...
- ABN Amro, DBS, State Bank of Mauritius apply for WOSReserve Bank deputy governor R Gandhi today said three foreign bankers-- ABN Amro, DBS and State Bank of Mauritius have applied for operati...
- 4 foreign banks have applied for wholly-owned subsidiaries, says RBIThere are close to 100 foreign lenders operating in the country at present and all of them operate through branches or as representative of...
- DBS India reports Rs 275 crore loss on write-offs in FY15Singapore-based DBS Bank's Indian arm today reported a loss of Rs 275 crore in FY15 as it cleared stress on its books suffered.
- DBS Bank launches Tab bankingThe new initiative named 'AweSME Accounts' will replicate the physical account opening form for SME accounts on the tablet.
- DBS Bank launches Tab banking to fasten account opening processThe bank claims the initiative would help the SME customer open an account within four hours compared to the average industry time of 2-3 d...
- Kerala-based Federal Bank to now accept deposits in nine currenciesKerala-based private lender Federal Bank has started accepting foreign currency non-resident (FCNR) deposits in nine currencies.
- Federal Bank accepts deposits in 9 currenciesKerala-based old-generation private lender, Federal Bank, has started accepting FCNR deposits in three more currencies.
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