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DBS INDIA RESULTS
Global creditors drag Udaan's parent to bankruptcy court in Singapore after $170-million bond defaultInsolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as ...- 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...
- India losing investor attention to Asia’s AI-electronics surge, says DBS economistGlobal capital is shifting towards electronics and AI in Asia. India's foreign direct investment slowdown is not a major concern. Asia's ex...
- FDI slowdown in India not a source of alarm, says DBS chief economistIn a landscape where global capital is increasingly directed towards the booming electronics and AI industries in Asia, the recent dip in I...
- Asia heat waves spell double trouble for economies hit by oilAsia faces a new inflation threat from El Niño as rising temperatures and dry weather are all set to increase food costs. This comes on top...
- Spicier than jhalmuri: The Rs 1.7 lakh crore fiscal bite hidden in state election resultsWhat looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...
- BJP gains in Bengal may accelerate reforms push amid economic headwindsThe dominant National Democratic Alliance constituent at the Centre has registered its maiden victory in West Bengal, retained Assam and Pu...
- It's not just war that brought rupee down, it needs better supportThe West Asia conflict has accelerated INR depreciation, necessitating a rethink of India's economic fundamentals. Short-term measures incl...
- DBS India FY25 profit up 81% at Rs 684 croreDBS Bank, India's largest foreign bank by number of branches reported a 81% growth in net profit year on year led by a strong growth in int...
- DBS Bank India rolls out initiative to support women re-entering the workplaceThe organisation has developed a six-month internship programme wherein shortlisted returnees will engage in projects and receive guidance ...
- Supreme Court quashes Religare Finvest's plea against DBS Bank IndiaThe original petition, a civil suit at the Delhi High Court (HC) and an FIR with the Economic Offences Wing of the Delhi Police, were filed...
- DBS Bank India eyes to double Rs 6,300 crores gold loan book in 5 yearsDBS Bank India plans to double its gold loan book, currently at Rs 6,300 crores, within the next five years. The bank has launched new feat...
- Supreme Court quashes criminal proceedings against DBS Bank, says allowing prosecution will be travesty of justiceThe alleged offence happened before the Lakshmi Vilas Bank (LVB) merged with the wholly-owned subsidiary of Singapore-based DBS Bank in Ind...
- Fairfax Financial to double investment in India over 4-5 yearsBusiness-friendly environment makes India one of the favourite destinations for foreign investment, Watsa said speaking virtually at India@...
- 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 ...
- RBI should've called for bids from interested parties: Lakshmi Vilas Bank promoterThe Reserve Bank of India (RBI) is now offering the 563 branches (many branches, head office, corporate office-owned building) LVB and othe...
- Indian economy well-prepared for US Fed rate hike: ReportOn non-resident deposits, the report said that the upcoming FCNR maturities are likely to further lower the debt burden.
- Murugappas seen exiting Chola DBSOne of India’s largest private non-bank lenders, Cholamandalam DBS Finance, may soon see a change of control.
- DBS Group Q4 net profit down 40 percentDBS Group Holdings, Southeast Asia's biggest bank by assets, said on Friday that fourth-quarter net profit fell 40 percent year on year as ...
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