Dbs Bank

Friday, Apr 19, 2024 | Last Update : 06:37 AM IST

Section 30(2)(b)(ii) says that a dissenting financial creditor shall get payment as per order of priority as specified in section 53(1) of IBC.

NCLAT rejects DBS Bank's plea challenging distribution of funds from Ruchi Soya

The Mumbai bench of the NCLT has approved around Rs 4,350-crore resolution plan on July 24, 2019.

20 Nov 2019 2:31 PM

In yet another blow to the Indian economy after Moody’s downgrade, two reports — by the State Bank of India and Singapore’s DBS Bank — on Tuesday raised concerns over the slowdown in economic growth.

SBI, DBS signal growth rate set to dip further

The SBI research report was, however, hopeful that the economic growth rate will pick up pace in 2020-21 to 6.2 per cent.

13 Nov 2019 3:29 AM

The latest data from May showed 48.9 million credit card users in the country, compared with some 825 million with debit cards.

DBS Bank to enter India's credit card market next year

India’s credit card market is still small in comparison to its debit card market.

21 Aug 2019 9:03 AM

DBS Bank report argued that increasing the ceiling on foreign portfolio investors in government securities is a better option considering the huge risks in raising debt in a foreign currency.

Govt may cap overseas borrowing at USD 5 billion this year: Report

DBS Bank suggested hiking the cap on foreign funds' investment in domestic debt is a better option.

17 Jul 2019 3:29 PM

DBS Bank so far has put in Rs 7,700 of capital, including Rs 1,800 crore it invested in calendar 2018 and would be spending another Rs 125-150 crore in expanding the network.

DBS Bank floats local arm, aims to triple business

Currently the bank operates out of 12 cities and in March this year, it would open 9 branches.

05 Mar 2019 1:50 AM

DBS to operate as wholly-owned subsidiary in India from Mar 1

The Asian bank, which presently operates 12 branches in the country as a franchise, will be incorporated as DBS Bank India Ltd on March 1.

28 Feb 2019 3:03 PM

Sharp rise in oil prices on geopolitical tensions threaten to aggravate the deterioration in India’s external balances.

Tough cues may force RBI to hike rate by 0.25 per cent: DBS

Morgan Stanley expects at least two rate hikes in the current financial year.

27 Sep 2018 12:39 AM

DBS Bank, which is Patnaik's employer, also commented in a Facebook post that it was looking into the matter. (Photo: Facebook)

Outrage after Indian posts image of ripped Singapore flag on Facebook

Many deemed it offensive, saying the image was disrespectful as it showed the graphic Singapore flag being ripped to shreds.

24 Aug 2018 7:01 PM

Higher prices in rural India in the midst of agrarian distress could push RBI and the Centre take strong disinflationary steps, which may have negative cascading effect on corporates in the short term.

Food, fuel prices begin to haunt Indian policy makers

Retail inflation — the pace of increase in retail prices — has hit 4.88 per cent despite a contraction in pulses’ prices due to bumper crop.

13 Dec 2017 12:41 AM

This according to market participants would help the RBI to focus on keeping inflationary pressures under check. (Photo: PTI)

RBI likely to hold rates: DBS Bank

With limited headroom for fiscal stimulus, pressure for monetary support is likely to increase.

06 Dec 2017 1:12 AM

GDP growth slowed from 7.9 per cent YoY in April- June 2016 (i.e. Q1 FY17) to a three-year low of 5.7 per cent in Q1 FY18.

DBS Bank lowers India's FY18 GDP growth to 6.6 pc

Bank, however, expects that Indian economy will recover in fiscal 2019 and achieve a growth rate of 7.2 per cent.

28 Nov 2017 3:45 PM

Business leaders at the forum also highlighted potential opportunities in the conversion of the Indian economy into a digital less-cash economy.

Growth opportunities in India 'compelling': DBS CEO

Government to accelerate implementation of the key legislations towards achieving a positive investment climate in India.

30 Mar 2017 1:49 PM

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Mohan Guruswamy

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