DBS sees CAD at 1.3% in March quarter

Last Updated: Thursday, March 5, 2015, 17:11

The current account deficit is likely to narrow to 1.3 percent in the March quarter due to lower crude import bill and moderation in gold purchases.

Short-term rupee swap rates unlikely to fall soon: DBS

Last Updated: Monday, January 20, 2014, 21:27

"A moderate improvement in liquidity will not be sufficient to push front-end swap rates below the 7.75 percent as the RBI is likely to hold the rates," DBS said in the report on Monday.

Economy bottoming out; 5% growth elusive in FY14: DBS

Last Updated: Monday, December 2, 2013, 19:09

Modest uptick in second quarter GDP readings indicates that worst may be over for the domestic economy, but achieving government estimate of 5 percent growth this fiscal may be an uphill task, a report by Singaporean brokerage firm DBS said Monday.

India should open up banking sector: Expert

Last Updated: Saturday, November 23, 2013, 12:05

Piyush Gupta, Chief Executive of Singapore’s DBS Group Holdings, said India could tap foreign banks to bridge its capital shortfall.

DBS Bank evaluating RBI's WOS guidelines for foreign banks

Last Updated: Sunday, November 17, 2013, 18:41

The new rules also allow foreign bank subsidiaries to list locally.

DBS sees CD ratio remaining high for long

Last Updated: Friday, October 4, 2013, 18:20

The credit deposit ratio is likely to remain at an elevated level for the next 6-8 months on account of higher credit growth and slower deposit creation, among other things, a report said on Friday.

‘Standard Chartered, HSBC among bidders for SocGen Asia private bank’

Last Updated: Thursday, October 3, 2013, 12:36

SocGen, France's second-largest bank by market capitalisation, is selling the unit as part of wider restructuring to cut costs and boost profits, Reuters previously reported. Its 15-year foothold in Asia makes it an attractive buy, sources said.

CAD in Q1 likely at 4% on gold import surge: DBS

Last Updated: Sunday, September 29, 2013, 18:52

The RBI will release the June quarter current account deficit Monday. Government aims to contain current account 3.7 percent of GDP for the entire fiscal.

DBS Bank expects 0.5% repo rate hike by RBI in next 3 months

Last Updated: Thursday, September 26, 2013, 21:17

The Reserve Bank is likely to increase short term lending (repo) rate by 0.5 percentage points by December in a bid to anchor inflationary expectations, DBS Bank said in a report.

Recent govt actions may only arrest rupee fall: DBS

Last Updated: Wednesday, August 28, 2013, 17:59

The recent policy actions might not help the rupee in regaining its lost ground but only arrest further depreciation, Singaporean bank DBS said Wednesday.

Latest RBI move is to cut govt borrowing cost, not easing: DBS

Last Updated: Wednesday, August 21, 2013, 16:06

Singaporean bank DBS on Wednesday said the latest RBI move to ease liquidity should not be construed as a drawback of its tightening stance, but as a measure to keep the government's borrowing cost under check and give succour to banks.