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'India to grow at 7.4% in FY15-16; more rate cuts in pipeline'

Last Updated: Monday, September 7, 2015, 14:27

According to the global financial services major, upturn in growth for the Indian economy would be more gradual, with the consumption and investment turnaround likely to be slower than anticipated.

DBS to soft launch mobile banking in India

Last Updated: Monday, August 24, 2015, 16:37

Singapore's DBS bank which has branches in major cities of India will soft launch its digital/mobile online banking in the country this week, a top official of the bank said Monday.

Retail inflation to average 5.6% this fiscal: DBS

Last Updated: Thursday, August 6, 2015, 23:16

Retail inflation in India is likely to average around 5.6 percent this year, down from 6.1 percent in financial year 2014-15, says a DBS report.

India's CAD likely to widen in June quarter: Report

Last Updated: Sunday, August 2, 2015, 13:55

India's current account deficit (CAD) is likely to widen in the June quarter to 1.8-2.0 percent of GDP while for the current financial year, it is likely to remain under control, says a DBS report.

India's divestment deals on slow burner: DBS

Last Updated: Wednesday, July 29, 2015, 13:47

Progress on India's divestment front has been slow in the first four months of this fiscal year, a Singapore-based bank said Wednesday.

RBI to keep key rate unchanged on August 4: DBS

Last Updated: Tuesday, July 28, 2015, 14:27

Reserve Bank of India is likely to keep the benchmark repo rate unchanged at 7.25 percent in its policy review meet next week, a DBS report says.

Grexit not a foregone conclusion despite 'no' vote: DBS

Last Updated: Tuesday, July 7, 2015, 00:02

The largest Singaporean lender, DBS Bank, said Monday that the overwhelming Greece vote against austerity measures on Sunday is not a foregone conclusion for its exit from the euro zone.

Sanjiv Bhasin joins as MD & CEO of Centrum Capital

Last Updated: Monday, July 6, 2015, 20:24

Leading financial services firm Centrum Capital has appointed Sanjiv Bhasin, former head of DBS Bank India, as its managing director and chief executive officer.

DBS India reports Rs 275 cr loss on write-offs in FY15

Last Updated: Friday, July 3, 2015, 20:17

The lender had posted a net profit of Rs 2 crore for the financial year 2014.

India aims 8-10% growth, current rate not satisfactory: Jaitley

Last Updated: Wednesday, July 1, 2015, 19:17

Pitching for a higher growth of 8 to 10 percent to eradicate poverty, Finance Minister Arun Jaitley on Wednesday said the country is no more satisfied with the current rate.

New govt boosted confidence, improved India's perception: DBS

Last Updated: Friday, May 22, 2015, 10:55

In its report 'India: Time to Deliver' released yesterday DBS Bank, however, has put in a note of caution, saying, "But sustaining that optimism will not be easy."

DBS seeks RBI nod to set up local subsidiary

Last Updated: Tuesday, May 12, 2015, 18:17

The Singaporean lender DBS on Tuesday became the first foreign bank to seek the Reserve Bank's permission to set up a local subsidiary.