Page 2 - Dbs
DBS Bank India gets Rs 2,500 cr capital support from parent for LVB merger
The scheme of amalgamation came into effect on November 27, 2020.
 "DBS Bank India gets Rs 2,500 cr capital support from parent for LVB merger")
Lakshmi Vilas Bank failed and this time India is getting a rescue right
India called upon called upon a foreign institution to take over Lakshmi Vilas Bank's assets and liabilities. That should stoke interest of other global banks
 "Lakshmi Vilas Bank failed and this time India is getting a rescue right")
The crisis at Lakshmi Vilas Bank and how does it impact you? Explained
In this podcast, Business Standard's T E Narasimhan explains how does the crisis at Lakshmi Vilas Bank impact customers, will LVB's shareholders get anything, are jobs in LVB at stake and more
DBS, Capri Global among suitors for cash-strapped Lakshmi Vilas Bank
LVB's financials deteriorated to 5.56 per cent capital adequacy and 21.25 per cent gross NPA ratio in the September 2019 quarter
Indian economy benefited from favourable external environment in 2019: DBS
According to Singapore's DBS Banking Group, conducive global drivers provided a favourable external environment for the Indian economy in 2019
 "Indian economy benefited from favourable external environment in 2019: DBS")
RBI's sale and purchase of govt securities will be liquidity neutral: DBS
The central bank has decided to conduct simultaneous purchase and sale of government securities under Open Market Operations for Rs 10,000 crore each on December 23, 2019.
 "RBI's sale and purchase of govt securities will be liquidity neutral: DBS")
Top headlines: Govt steps on consumption, DBS cuts India forecast, and more
The financial services major said India's economy sharply decelerated this year as the financial sector reported stress
 "Top headlines: Govt steps on consumption, DBS cuts India forecast, and more")
Prudent spending, higher revenue may revive Indian economic growth: DBS
Moody's decision to change the outlook to negative reflects increasing risks that economic growth will remain lower
 "Prudent spending, higher revenue may revive Indian economic growth: DBS")
Job confidence, not tax cuts, will help boost consumption spend: DBS
The govet had last month announced a ten percentage point cut in corporate taxes, to get Indian levies at par with others, to spur investments.
 "Job confidence, not tax cuts, will help boost consumption spend: DBS")
Govt may cap overseas bond sale at $5 bn this yr, huge risks involved: DBS
Instead, the report argued that increasing the ceiling on foreign portfolio investors in govt securities is a better option considering the huge risks in raising debt in a foreign currency
 "Govt may cap overseas bond sale at $5 bn this yr, huge risks involved: DBS")
Rupee rise can scupper manufacturing, export push: DBS
It said there are positives from a stronger currency, like it being positive for inflation
 "Rupee rise can scupper manufacturing, export push: DBS")
India's gross-value added growth to hit 7.6% this yr: DBS
We expect gross-value added growth to quicken to 7.6% year-on-year this year from 7.2% in FY15/16, reports DBS research
DBS to buy ANZ Bank's business
DBS plans to buy Australia and New Zealand Banking Group's wealth and retail businesses in five Asian markets. The businesses in Singapore, Hong Kong, China, Taiwan and Indonesia, will be sold for around $80 million.
Softening trend in inflation leaves door open for rate cut: DBS
According to DBS, there is a likelihood that the wholesale price index might outpace retail inflation over the next few months
DBS Q2 profit stumbles after exposure to troubled Swiber
United Overseas Bank and Oversea-Chinese Banking Corp have also flagged concerns about loans to the oil and gas services sector
DBS shares fall 2.6% on Swiber exposure
It expects to recover about half of its $517 million
DBS looks to ramp up its corporate book
The bank had seen a surge in bad loans in its corporate loan book in India about 24 months ago
