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DBS INDIA EARNINGS
NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR depositsBanks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...- The surprising reason India's most expensive stocks often keep risingIndian stocks defy logic, with expensive companies consistently outperforming. This trend, observed over 15 years, sees sectors like defenc...
- Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and ...
- Rs 19 lakh crore shocker! TCS, Infosys & 2 IT giants crash 50% from peak: Is the absolute worst yet to come?India's top IT firms, including TCS and Infosys, have seen their market value plummet by at least 50% from peak levels, erasing nearly Rs 1...
- The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chipsDBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, inf...
- Senior citizens FD interest rates up to 8.3%: SBI, HDFC Bank, PNB, ICICI Bank, Axis Bank and moreHighest FD interest rate: Senior citizens seeking lucrative returns on their savings can now explore attractive fixed deposit options. Smal...
- Rs 3 a litre fuel price hike cuts losses by 25 per cent; daily loss drops to Rs 750 croreIn a noteworthy shift, Indian oil corporations have curtailed daily losses by almost 25% thanks to a Rs 3 per litre increase in petrol and ...
- Highest FD interest rates for senior citizens in May 2026: PSU vs private vs small finance banks with their top fixed deposit schemesSenior citizens seeking stable income and market-risk-free returns often turn to fixed deposits. Banks commonly offer enhanced interest rat...
- DBS joins buzzing India ECM space with mandate in $1 billion IPODBS Group Holdings Ltd. has launched its equity capital market operations in India. The Singaporean lender secured its first deal with Mani...
- DBS Bank India to appoint Rajat Verma as CEORajat Verma will become CEO of DBS Bank India on March 1, 2025, succeeding Surojit Shome. Verma, currently Head of IBG at DBS India, brings...
- DBS Bank India launches exclusive banking program for senior citizensDBS Bank India introduced ‘DBS Golden Circle’, a priority banking initiative for senior citizens, providing attractive interest rates on sa...
- DBS chief says China pessimism not 'overdone' but upbeat about India prospectsDBS Group CEO Piyush Gupta is optimistic about India's economy and plans to triple the bank's business in the country over the next five ye...
- DBS India profit falls as LVB acquisition cost bites, trading income weakensThe bank put the "annual pre-tax" drag from the LVB acquisition at Rs 669 crore in the fiscal ended, up from Rs 341 crore, as the majority ...
- DBS Bank hikes fixed deposit interest rates: Check latest ratesDBS Bank India has increased fixed deposit (FD) interest rates for amounts less than Rs 2 crore. On specific tenors, the bank has raised fi...
- 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.
- DBS can fund $2 billion bid for Citi India unit, Bernstein saysIt’s a case of “either go big or go home” for DBS to further expand in India where the Singapore-based bank also acquired Lakshmi Vilas Ban...
- DBS faces lawsuits in India post-takeover of Lakshmi Vilas BankHolders of Lakshmi Vilas Bank Ltd.’s equity shares and Tier-II bonds that were written off before the effective date of amalgamation took l...
- DBS India swings back to profit in FY19It reported a net profit of Rs 14.5 crore against a loss of Rs 533 crore a year earlier.
- DBS India reports Rs 275 crore loss in FY15 on write-offs, provisioning"Losses have happened due to accelerated provisions and write-offs in the construction and infrastructure space," said Surojit Shome, CEO.
- DBS to get into project financing in IndiaMr Gupta's visit to Kolkata was his first as the DBS chief. The 51-year old banker incidentally started his career in Kolkata with Citibank.
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