- Thursday
30 March 2023
Banking
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...
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...
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).
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...
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...
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...
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...
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...
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...
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...
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...
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...
The Grab-Singtel consortium aims to formally launch its digital bank focusing on serving consumers and small businesses in early 2022.
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.
NFIs that are licenced as major payment institutions under the Payment Services Act will be allowed to connect directly to FAST and PayNow...
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...
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.
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...
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.
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...
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...
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.
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...
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.
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)...