Sovereign downgrade risk still on table for India: DBS

Last Updated: Monday, July 22, 2013, 12:17

The total foreign exchange reserves as a percentage of total external debt, now stands at 74.8 percent versus 85.2 last year.

Fiscal deficit to slip up by 0.50% on new food scheme: DBS

Last Updated: Thursday, July 4, 2013, 19:56

Government's fiscal deficit may exceed the target of 4.8 percent of GDP by 0.50 percentage points in this financial year, and money-guzzling measures like decision to push the Food Security Bill are only expected to complicate the matter, brokerage DBS Bank said.

Rolta raises $200 mn in overseas bond sale

Last Updated: Friday, May 10, 2013, 18:22

Barclays, Citigroup, DBS and Deutsche Bank acted as the joint lead managers to the issue.

India should do more to build investor confidence: DBS chief

Last Updated: Friday, May 10, 2013, 14:56

India needs to work more towards building investor confidence to attract investment for its massive infrastructure development and boost economic growth, Singapore's DBS Bank Chief Executive Officer Piyush Gupta said on Friday.

DBS Bank India FY12 net more than doubles to Rs 335.5 crore

Last Updated: Wednesday, June 27, 2012, 19:05

DBS Bank India posted a 164 percent rise in net profit for FY12 at Rs 335.5 crore on the back of growth across all business verticals.

India should push economic reforms for growth, investments: DBS

Last Updated: Friday, March 30, 2012, 16:32

India must push on with economic reforms as back tracking on such initiatives will impact growth as well as foreign investments, a senior banking official said here on Friday.

Non-banking finance firm asked to pay Rs 47K to loan customer

Last Updated: Friday, March 9, 2012, 14:16

Cholamandalam DBS Finance Ltd (Chola) has been ordered by a Delhi consumer forum to pay Rs 25,000 as compensation to one of its customers for not issuing a no-dues certificate to him despite getting settled its loan to him and withdrawing over Rs 22000 instead from his bank.

Stanchart, DBS roped in for RCOM unit IPO in Singapore

Last Updated: Friday, February 17, 2012, 18:25

Reliance Communications is believed to have roped in global banking majors Stanchart and DBS as advisors for a USD 1.5 billion (about Rs 7,500 crore) IPO of its undersea cable unit Flag Telecom in Singapore.

Stanchart, DBS roped in for RCOM unit IPO in Singapore

Last Updated: Friday, February 17, 2012, 11:15

Reliance Communications is believed to have roped in global banking majors Stanchart and DBS as advisors for a USD 1.5 billion (about Rs 7,500 crore) IPO of its undersea cable unit Flag Telecom in Singapore.

Axis Bank enters into partnership with DBS Bank

Last Updated: Monday, February 13, 2012, 20:58

Private sector lender Axis Bank Tuesday said it has entered into a partnership with Singapore-based DBS Bank to facilitate money transfer from Singapore to India through AxisRemit Online.

DBS Q4 profit up 8%, posts record annual profit

Last Updated: Friday, February 10, 2012, 10:03

DBS Group Holdings may face a stiffer challenge in 2012 as Asian economies slow, following a strong end to 2011 when it posted an unexpected 8 percent rise in quarterly earnings to achieve its best-ever annual profit.