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 ...
Tata Realty has secured a Rs 1,280 crore green loan from DBS Bank India to support the development of Intellion Park in Gurugram
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
Private-sector lender will charge more for withdrawals and transactions
DBS Bank says interest-calculation method ensures that customers benefit from daily fluctuations in their account balances
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
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
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
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
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
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
This programme helps Indian students studying abroad with zero-fee international transfers, education loans and travel insurance
Following a successful career at the helm of DBS Bank India since April 2015, Shome had indicated his desire to retire some time ago
Rajat Verma was appointed DBS managing director and head of institutional banking for India last year
The bank also announced that its board had established a new share buyback programme of S$3 billion
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
ANZ acted as the lead sustainability coordinator for the loan, while DBS Bank and EDC were the joint sustainability coordinators
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
HDFC Credila, an erstwhile subsidiary of HDFC Limited (now HDFC Bank), focuses on the education loans business