 "Piyush Gupta, CEO, DBS Group")
On November 5, at an analysts’ meet after DBS Group’s third quarter results, Piyush Gupta, its chief executive officer, said: “This is going to the best year we’ve had in India in a long time, partly because the rest of the banking system is on the back foot somewhat”. And added: “We cleaned up our book some time ago and because we have both capital and liquidity, we’re able to have a strong year in India.”
Within a fortnight, the Singapore-based bank gobbled up the 94-year-old Laxmi Vilas Bank (LVB) for a song — just three years after DBS made
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