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India's current account deficit likely to stay below 1% of GDP this year: DBS

India's current account deficit likely to stay below 1% of GDP this year: DBS

India's current account deficit is likely to stay below 1 percent of GDP this year, largely due to a sharp fall in the trade deficit as against last year, says a DBS research report.

Go paperless! India's first mobile-only bank launched

Go paperless! India's first mobile-only bank launched

Singapore's DBS bank, with branches in major cities of India, has launched the country's first mobile-only bank.

DBS joins forces with Rising Pune Supergiants for IPL-9

DBS joins forces with Rising Pune Supergiants for IPL-9

DBS Bank Limited (DBS) on Saturday announced its partnership with Indian Premier League cricket team Rising Pune Supergiants

DBS to soft launch mobile banking in India

Singapore's DBS bank which has branches in major cities of India will soft launch its digital/mobile online banking in the country this week, a top official of the bank said Monday.

Grexit not a foregone conclusion despite 'no' vote: DBS

The largest Singaporean lender, DBS Bank, said Monday that the overwhelming Greece vote against austerity measures on Sunday is not a foregone conclusion for its exit from the euro zone.

DBS pegs Q2 GDP at 5.3% on low farm yield, industrial activity

The GDP growth is likely to have slowed down to 5.3 percent in the second quarter of the current fiscal, hit by lower farm output and subdued industrial activity, says a report.

Royal Sundaram enters into bancassurance tie up with DBS Bank

A Memorandum of Understanding was signed where DBS would introduce the products of Royal Sundaram in all its branches, the company said in a release.

DBS Bank evaluating RBI's WOS guidelines for foreign banks

The new rules also allow foreign bank subsidiaries to list locally.

CAD in Q1 likely at 4% on gold import surge: DBS

The RBI will release the June quarter current account deficit Monday. Government aims to contain current account 3.7 percent of GDP for the entire fiscal.

DBS Bank expects 0.5% repo rate hike by RBI in next 3 months

The Reserve Bank is likely to increase short term lending (repo) rate by 0.5 percentage points by December in a bid to anchor inflationary expectations, DBS Bank said in a report.

Recent govt actions may only arrest rupee fall: DBS

The recent policy actions might not help the rupee in regaining its lost ground but only arrest further depreciation, Singaporean bank DBS said Wednesday.

DBS Bank names Sheran Mehra Marketing Communications head

In the past, she had been associated with banks like HSBC, Barclays and Dhanlaxmi.

Fiscal deficit to slip up by 0.50% on new food scheme: DBS

Government's fiscal deficit may exceed the target of 4.8 percent of GDP by 0.50 percentage points in this financial year, and money-guzzling measures like decision to push the Food Security Bill are only expected to complicate the matter, brokerage DBS Bank said.

India should do more to build investor confidence: DBS chief

India needs to work more towards building investor confidence to attract investment for its massive infrastructure development and boost economic growth, Singapore's DBS Bank Chief Executive Officer Piyush Gupta said on Friday.

India should push economic reforms for growth, investments: DBS

India must push on with economic reforms as back tracking on such initiatives will impact growth as well as foreign investments, a senior banking official said here on Friday.