DBS Bank lays out India plans, to open 100 branches, kiosks in 12-18 months

The group has invested Rs 7,700 crore into India till date, of which Rs 1,800 crore was invested last year

Singapore-based DBS Bank plans to open 100 touchpoints, a combination of kiosks and branches, in 25 cities over the next 12-18 months, as part of its India strategy. 

The lender, whose book mainly comprises of corporate loans, plans to focus on consumer and small and medium enterprise (SME) lending in order to increase market share in the segment.

“Unlike a lot of other players who want to stick to the top-end of the market, we intend to go deep. In order to be successful long term in this country, you have to go beyond the creamy layer. You must be a SME