Search results
Results From The WOW.Com Content Network
DBS Bank Limited is a Singaporean multinational banking and ... opening its first office in Mumbai in 1994. DBS Bank India Limited is the first among the large ...
The Express Towers is a 25-storey building located on Marine Drive in Nariman Point, Mumbai, India.Upon its completion in 1972, the 105 metres (344 ft) building was the tallest building in South Asia for about two years. [3]
Lakshmi Vilas Bank was an Indian private sector bank established in 1926 in Karur, Tamil Nadu. As of November 2020 [update] , the bank had 566 branches in 19 states and 1 union territory. [ 4 ] On 27 November 2020, the bank was merged into the Indian subsidiary of DBS Bank .
In 2005, DBS Bank acquired a 37.5% stake in Cholamandalam Investment and Finance Company, with the Murugappa Group lowering its stake to 37.5%. The company was subsequently renamed as Cholamandalam DBS Finance. [7] In 2010, DBS Bank sold its entire stake back to Murugappa Group and exited the joint venture. [8]
It is considered as a foreign bank under the Banking Regulation Act, 1949 and thus is regulated by the Reserve Bank of India (RBI). The bank has been operating in India for over 160 years, first as the Chartered Bank of India, Australia and China which set up its first branches in Kolkata and Mumbai in 1858. It is also the largest foreign bank ...
The launch of IB Asia follows DBS' stepped-up participation in the Middle East markets. DBS has placed a significant portion of large, landmark equity IPOs and securitisations in the Middle East and was among the first few Asia-based banks to receive a banking licence from the Dubai International Financial Centre.
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
Piyush Gupta BBM (Hindi: पीयूष गुप्ता; born 24 January 1960) is an Indian-born Singaporean banker [1] and the chief executive officer (CEO) of DBS Group, the largest bank in Southeast Asia by total assets.