DBS Bank

Tata Realty takes ₹1,280 crore loan from DBS Bank for Gurugram project

Tata Realty and Infrastructure Ltd has taken a Rs 1,280 crore loan from DBS Bank India for a sustainable commercial project in Gurugram, a statement said. DBS Bank India acted as the sole advisor and green loan coordinator for this transaction. A green loan financing intends to fund or refinance projects that provide environmental benefits. The loan facility has been availed by Tata Realty's special purpose vehicle (SPV), which has developed commercial project 'Intellion Park' in Gurugram. This Grade A office campus has 2.1 million sq ft office spaces. The funds are being deployed towards certified green assets that meet globally recognised sustainability benchmarks. Santanu Mitra, Head of Large Corporate Banking, DBS Bank India, said, "Real estate and infrastructure is a key focus for DBS Bank India, and we have supported several innovative, sustainable projects being developed across the country." Sanjay Dutt, CEO of Tata Realty & Infrastructure Ltd said the loan facility ...

Updated On: 01 Dec 2025 | 4:57 PM IST

Tata Realty, DBS Bank India sign ₹1,280 cr green loan for Intellion Park

Tata Realty has secured a Rs 1,280 crore green loan from DBS Bank India to support the development of Intellion Park in Gurugram

Updated On: 28 Nov 2025 | 5:16 PM IST

Piyush Gupta appointed alternate member of Singapore presidential council

Indian-origin banker Piyush Gupta has been appointed as an Alternate Member of the Council of Presidential Advisers in Singapore for four years. President Tharman Shanmugaratnam made the appointment on the advice of Prime Minister Lawrence Wong, the President's Office said in a media release on Thursday. Now a Singapore citizen, the 65-year-old has a Bachelor of Arts (Honours) Degree in Economics from St. Stephen's College, Delhi University, and a Post Graduate Diploma in Management from IIM, Ahmedabad. Gupta, from Meerut, was awarded the Public Service Star by the Singapore President for his meritorious services to the nation in 2020. He is a recipient of the 2023 Pravasi Bharatiya Samman Award, the highest honour conferred by the Indian government on the country's diaspora. Gupta was the Chief Executive Officer and Director of the DBS Group from November 2009 to March 2025. Under his leadership, the DBS Group underwent a significant and successful transformation, and had set up

Updated On: 29 Aug 2025 | 10:57 AM IST

DBS Bank to fine customers with low account balances, citing RBI rules.

Private-sector lender will charge more for withdrawals and transactions

Updated On: 26 Jun 2025 | 12:01 PM IST

DBS Bank hikes savings rates by up to 5.5%: Here's what customers will get

DBS Bank says interest-calculation method ensures that customers benefit from daily fluctuations in their account balances

Updated On: 23 May 2025 | 1:39 PM IST

Emirates NBD gets RBI in-principle nod to set up wholly owned subsidiary

Dubai-based Emirates NBD has received RBI's in-principle approval to convert its three India branches into a wholly owned subsidiary to deepen domestic banking services

Updated On: 19 May 2025 | 10:15 PM IST

DBS' outgoing CEO Piyush Gupta gets $13 million in 'Another Banner Year'

Gupta received a cash bonus of S$6.6 million, which took his pay package to S$17.6 million ($13.2 million), from S$11.2 million a year ago when he took a pay cut due to digital banking glitches

Updated On: 06 Mar 2025 | 8:08 AM IST

DBS Bank to cut 10% workforce in 3 years as AI transforms operations

DBS Bank to cut 10% workforce in 3 years as AI takes over key operations, with CEO Piyush Gupta outlining the impact of automation on banking jobs

Updated On: 24 Feb 2025 | 2:38 PM IST

Singapore's DBS surges to record on higher margins, capital return plans

DBS's net interest margin, a key profitability gauge, rose to 2.15 per cent during the quarter from 2.13 per cent a year earlier

Updated On: 10 Feb 2025 | 8:33 AM IST

RBI may purchase Rs 2 trn of bonds in FY26, says DBS Bank's Vaidya

The Reserve Bank of India last week resumed bond purchase auctions after a gap of more than three years and plans to buy more in the coming weeks

Updated On: 03 Feb 2025 | 5:11 PM IST

Rajat Verma appointed as DBS Bank India CEO, to succeed Surojit Shome

In a statement, DBS said Verma, current head of institutional banking group at DBS Bank India, had been appointed, effective from March 1, in line with RBI approval

Updated On: 30 Dec 2024 | 6:00 PM IST

DBS Bank launches overseas education solutions with free transfers & loans

This programme helps Indian students studying abroad with zero-fee international transfers, education loans and travel insurance

Updated On: 20 Dec 2024 | 5:11 PM IST

DBS Bank India awaits RBI nod for new CEO as incumbent Shome set to retire

Following a successful career at the helm of DBS Bank India since April 2015, Shome had indicated his desire to retire some time ago

Updated On: 12 Nov 2024 | 8:07 PM IST

DBS Bank nominates Rajat Verma to be next India unit CEO, say sources

Rajat Verma was appointed DBS managing director and head of institutional banking for India last year

Updated On: 12 Nov 2024 | 2:12 PM IST

DBS posts record quarterly profit, sees 2025 dip from tax changes

The bank also announced that its board had established a new share buyback programme of S$3 billion

Updated On: 07 Nov 2024 | 11:21 AM IST

Data InvIT raises nearly $1 bn in rare bond deal to fund ATC India purchase

Canada's Brookfield Asset Management had said at the start of the year that it would buy ATC's India operations, ATC Telecom Infrastructure, for $2.5 billion via the trust

Updated On: 05 Sep 2024 | 4:06 PM IST

Tata Communications raises $250 million sustainability-linked loans

ANZ acted as the lead sustainability coordinator for the loan, while DBS Bank and EDC were the joint sustainability coordinators

Updated On: 20 Jun 2024 | 6:59 PM IST

Tata Comm secures $250 mn loan from ANZ, EDC, DBS Bank; stock jumps 3%

On Thursday, shares of Tata Communications surged by 2.62 per cent at Rs 1,879.90 a piece on the BSE in intraday trade

Updated On: 20 Jun 2024 | 1:57 PM IST

HDFC Credila raises $100 million via ECB to diversify funding resources

HDFC Credila, an erstwhile subsidiary of HDFC Limited (now HDFC Bank), focuses on the education loans business

Updated On: 09 Apr 2024 | 8:05 PM IST