Page 5 - Dbs Bank

DBS Bank eyes Indian SME sector

Hopes to increase its SME customer base by 30-40% in the current year

Singapore's DBS extends Asia pvt banking push with ANZ assets purchase

DBS and Oversea-Chinese Banking Corp have been aggressively bidding for the Western private banking assets for sale in Asia

DCB Bank launches mobile payment service for retail outlets

mVisa is a card less mobile payment solution that offers customers the convenience of doing digital payments at retail outlets

DBS bullish on India, plans 70 branches if given license

DBS Group chief executive officer said If given license, the bank can do well with SMEs and transaction banking

DBS Bank to start innovation lab

Bank to hire over 2,000 engineers in India over next 28 months

DBS Bank posts net profit of Rs 8.6 crore in FY16

In FY16, the bank recorded a 22%growth in assets to while deposits base increased 35%

DBS India returns to black, posts Rs 8.6 cr profit for FY16

Fall in other provisions was due to heavy reduction in money set aside to cover for write-offs to Rs 125.22 crore from Rs 436.66 crore in year-ago period

DBS Singapore denies expansion reports; will not relocate 1,500 jobs to India

The bank responded to reports on a local news website claiming the bank setting up tech hub in Hyderabad

DBS Bank to set up new technology hub in Hyderabad

Biggest offshore tech centre outside its headquarters

DBS Bank launches mobile-only bank

Aims to woo mass-market retail customers; still awaiting nod from RBI on converting to wholly-owned subsidiary