Search For "dbs bank"
DBS Bank India introduces an industry-first digital & paperless trade
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], November 30 (ANI/ PR Newswire): In the current environment, there is a need to drive digitised trade for Corporate customers to reduce processing turnaround time and drive businesses efficiently. In light of the latent need, DBS India has introduced a paperless
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Singapore's DBS Bank post 31 percent rise in Q3 profits, LVB integration '
Updated : 4 years, 4 months ago IST
Singapore, November 8 (ANI): Last week, DBS Bank, Southeast Asia's largest bank by assets, announced sterling Quarter 3 profits which beat analysts average forecast on Refinitiv by SGD 130 million. The Singapore-based lender reported a net profit of SGD 1.7 billion (USD 1.26 billion) for the
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DBS Bank India completes maiden active loan switch ahead of LIBOR transiti
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], October 27 (ANI/PRNewswire): In a bid to proactively adapt the new risk-free benchmarks on existing loans and derivatives, DBS Bank India has announced the first active transitioning of an existing loan and derivative to new reference rates.
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DBS Bank India partners with ODeX to provide hassle-free credit solutions
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 13 (ANI/PRNewswire): DBS Bank India announced that it has partnered with ODeX, one of India's leading platforms to exchange shipping documents and facilitate payments, to introduce ODeX Pay Later Solutions powered by DBS.
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Singapore's DBS Bank report record Q1 profits as LVB's NPA shrink
Updated : 4 years, 10 months ago IST
Singapore, May 3 (ANI): DBS Bank, Southeast Asia's largest bank by assets, reported its highest-ever quarterly profit aided in part by lower NPA (non-performing assets) provided for Lakshmi Villas Bank (LVB) which DBS acquired in November last year.
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DBS Bank India recognised as 'India's Best International Bank 2021' by Asi
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 7 (ANI/PR Newswire): DBS Bank India announced that it has been named 'India's Best International Bank' by Asiamoney, a financial publication of Euromoney Institutional Investor Group, which is a leading authority in the banking and financial markets global
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Singapore's DBS Bank to focus on India and China for growth
Updated : 4 years, 11 months ago IST
Singapore, April 5, 2021 (ANI): Singapore's DBS Bank, which acquired India's Lakshmi Vilas Bank (LVB) last November, plans to accelerate its business by doubling down on growth markets of India and China.
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SC notice on RBI's plea to transfer petitions against LVS-DBS merger to on
Updated : 5 years, 2 months ago IST
New Delhi [India], December 22 (ANI): The Supreme Court has issued a notice on the Reserve Bank of India's plea seeking to transfer all cases related to the merger of Lakshmi Vilas Bank (LVB) with DBS Bank India pending before various High Courts to one location.
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Trading in LVB shares to be suspended from Thursday, says NSE
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], November 25 (ANI): Following the Union Cabinet's approval for the amalgamation of Lakshmi Vilas Bank Limited (LVB) with the wholly-owned subsidiary of Singapore-based DBS Bank in India, the National Stock Exchange (NSE) said the bank's share trading will be susp
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Cabinet approves merger of Lakshmi Vilas Bank with DBS Bank India Limited
Updated : 5 years, 3 months ago IST
New Delhi [India], November 25 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi on Wednesday gave its approval to the amalgamation of Lakshmi Vilas Bank Limited (LVB) with the wholly-owned subsidiary of Singapore based DBS Bank in India.
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What Singapore analysts say about DBS takeover of Lakshmi Vilas Bank
Updated : 5 years, 3 months ago IST
Singapore, November 23 (ANI): Last week, news emerged that DBS Bank (DBS), Southeast Asia's largest lender, has proposed to fold Indian Bank Lakshmi Vilas Bank (LVB) into its Indian subsidiary, DBS Bank India Limited (DBSIL).
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Lakshmi Vilas Bank has enough liquidity to pay its depositors: RBI-appoint
Updated : 5 years, 3 months ago IST
New Delhi [India], November 18 (ANI): Trying to allay fears of Lakshmi Vilas Bank's (LVB) customers Reserve Bank of India (RBI) appointed administrator for Lakshmi Vilas Bank (LVB), TN Manoharan on Wednesday said he was confident about the timely merger of the bank with DBS Bank of India
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