Banking

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Indian startups had USD 1 billion deposits in SVB: Rajeev Chandrashekhar

According to Deputy IT Minister Rajeev Chandrashekhar, Indian startups had deposits worth about USD 1 billion with embattled Silicon Valley...

Corporate

Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC

After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen...

Corporate

DBS CEO Piyush Gupta among 27 NRIs Pravasi Bharatiya Samman awardees

DBS Bank CEO Piyush Gupta was among 27 NRIs of the 17th Pravasi Bharatiya Samman Awards (PBSA).

India

Financing options that can help you take your business to the next level

Shortage of finances can pose a hurdle to your business plans if not solved at the earliest. There are several financial institutes offering...

SMEs

How a business loan can save, sustain or grow your venture

Expansion of the business is possible with a long-term business loan with a low interest rate. Some of the areas where taking a business...

SMEs

Rajneesh Karnatak appointed Executive Director of Union Bank of India

Union Bank of India has appointed a veteran banker from the Punjab National Bank (PNB), Rajneesh Karnatak to the position of Executive...

Corporate

Emirates NBD mulls plans for expansion in India

One of the major banking groups in the Middle East North Africa and Turkey (Menat) region, Emirates NBD, has announced its plans for further...

UAE

RBI, MAS announce plan to link e-payment systems across India, Singapore

Singapore News: The Reserve Bank of India and the Monetary Authority of Singapore announced a project to link their respective fast payment...

Singapore

DBS tops list of World's Best Banks In India 2021

Sngapore's DBS has been named by Forbes in their list of World's Best Banks 2021 out of 30 domestic and international banks in India for the...

Corporate

Looking to drive economic growth through rising export potential, says Exim Bank MD David Rasquinha

Highlighting Mumbai-headquartered Export Import (Exim) Bank of India’s profit after tax (PAT) doubling in FY 2021, India Exim Bank MD and...

Corporate

DBS India recognised as 'India's Best International Bank 2021' by Asiamoney

DBS India announced that it has been named 'India's Best International Bank' by Asiamoney, a financial publication of Euromoney...

Corporate

Singapore's DBS Bank plans to scale down India branches over next 2-3 years

Singapore-based DBS Bank plans to scale down its network of 600 branches in India over the next two-three years following its recent merger...

Global

Grab-Singtel consortium's digital bank to provide transparent financial services to underserved groups

The Grab-Singtel consortium aims to formally launch its digital bank focusing on serving consumers and small businesses in early 2022.

Corporate

Chennai-based Lakshmi Vilas Bank merges with DBS unit

Chennai-headquartered Lakshmi Vilas Bank (LVB) has been merged with DBS Bank India from November 27, 2020.

Corporate

Non-bank financial institutions in Singapore can connect directly to PayNow and FAST from February 2021

NFIs that are licenced as major payment institutions under the Payment Services Act will be allowed to connect directly to FAST and PayNow...

Corporate

DBS launches online tracking for cross-border payments in Asia's first

More than 240,000 DBS corporate and SME clients in Singapore and Hong Kong will be the first to benefit from the service at no additional...

Corporate

DBS named safest bank in Asia for 12th year running

DBS has been named the "Safest Bank in Asia” for the 12th consecutive year by New York-based trade publication Global Finance.

Corporate

DBS named world's best bank for 3rd year running

For the third year running, DBS has been recognised as the World’s Best Bank by New York-based financial publication Global Finance at its...

Singapore

DBS reports 26% lower net profit for 2020H1, as general allowances of SGD 1.26 billion conservatively set aside

DBS Group reported a net profit of SGD 2.41 billion for the first half of 2020 – 26 per cent lower than a year ago.

Corporate

DBS to pilot SingPass facial verification technology for signing up of banking services

DBS has partnered with the Government Technology Agency of Singapore (GovTech) to pilot the latter’s innovative SingPass Face Verification...

Singapore

OCBC customers can use SingPass for ibanking login in Singapore's first

OCBC’s 1.8 million digital customers in Singapore are now able to use SingPass Mobile app as an alternative login to access the full suite...

Singapore

DBS named winner of global digital transformation award

DBS has been named the inaugural winner of the Digital Transformation Award in the Hackett Group’s Digital Awards 2020.

Singapore

14 digital bank applications to progress to next stage of assessment: MAS

14 of the 21 digital bank applications received by the Monetary Authority of Singapore (MAS) have met the eligibility criteria required for...

Singapore

Asian Development Bank opens new office in Singapore

The new space signifies deepening efforts to collaborate on some of the most pressing development challenges facing Asia and the Pacific.

Singapore

DBS named in Bloomberg gender equality index for 3rd year running

In recognition of the bank’s commitment to workplace gender equality, DBS Bank has been named to the Bloomberg Gender-Equality Index (GEI)...

Singapore