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News
DBS
DBS News
Urjit Patel resignation
11 Dec 2018
Urjit Patel's resignation comes at a sensitive time, to dampen sentiments: DBS
A search panel might be formed, with a former Finance Secretary and Finance Commission member, also reportedly in the running.
RBI-govt tensions
20 Nov 2018
Easing tensions between RBI, govt positive for INR assets: DBS
INR bonds have retained recent gains but struggled to make further headway.
Indian Rupee
08 Aug 2017
Firm rupee headwind for export, global demand may cut impact
The rupee has risen more than six percent this year against the dollar. This is in contrast to six consecutive years of depreciation.
RBI
08 Nov 2016
RBI unlikely to cut rates in short-to mid term: DBS
Singaporean brokerage DBS Tuesday said the Reserve Bank is unlikely to cut rates further due to factors like the US Fed's likely tightening in December and the progress on Brexit.
India GVA growth
02 Nov 2016
India's gross-value added growth to hit 7.6% this year
India's gross-value added growth is expected to quicken to 7.6 percent this year from 7.2 percent in 2015-16, driven by sustained support from public capex spending, says a DBS report.
Singapore Central Bank
11 Oct 2016
Singapore shuts Falcon bank unit, fines DBS and UBS over 1MDB
Singapore`s central bank on Tuesday shut down a second Swiss bank in the city-state and fined banks DBS and UBS in its biggest crackdown on alleged money-laundering activities connected with Malaysian sovereign fund 1MDB.
DBS
07 Jul 2016
Cabinet reshuffle 'non-event' for markets, key factor is GST: DBS
Singaporean brokerage DBS on Thursday said that cabinet reshuffle was a “non-event” as the key factor that must be watched out for is seeing the GST bill passed in the upcoming Monsoon Session of Parliament.
Economy
12 Jun 2016
India to grow at 7.8% in FY17, led by consumption: DBS
Recovery in the Indian economy is likely to continue and the GDP growth is expected to be higher at 7.8 percent in the current fiscal, although it will be "uneven", propped largely by "strong consumption" and public expenditure, says a DBS report.
Tata Communications
09 Jun 2016
Tata Communications installs 8,000 ATM units across the country
Tata Communications today said its white label automated teller machines (ATM) arm has put 8,000 units across 4,600 towns of 20 states in the country till now.
exports
19 Apr 2016
India's exports unlikely to improve in a hurry, says DBS
India's exports shrank 16 percent in 2015-16, and going ahead, it is unlikely to improve in a hurry due to its close correlation with global imports, a DBS report says.
Deep brain stimulation
10 Apr 2016
Deep Brain Stimulation can improve life of Parkinson's patients
World Parkinson's Disease Day is on April 11.
DBS
09 Apr 2016
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
India forex
10 Mar 2016
Foreign reserves at higher level, but debt increases too: DBS
India's foreign exchange reserves may have been at an elevated level, but its other liabilities have gone up, following which the country's net international investment position (NIIP) has ended up in red, says a DBS report.
DBS
09 Mar 2016
UBS, Deutsche Bank lose bankers` bonuses tax case in UK
Offshore schemes operated by UBS and Deutsche Bank in a bid to avoid paying income tax on bankers` bonuses are not exempt from tax, the Supreme Court in London ruled Wednesday
Fiscal deficit
26 Jan 2016
Wider deficits carry risks of delay to rating upgrades: DBS
India's fiscal deficit target for 2016-17 is likely to be adjusted higher to 3.7 percent of GDP, financial services major DBS said while highlighting that wider deficits carry the risks of a delay to rating upgrades.
India's GDP Growth
26 Nov 2015
Jul-Sept GDP growth seen at 7.3%; RBI to hold repo rate: DBS
India is likely to clock a GDP growth rate of 7.3 percent for the July-September quarter, DBS said in a research report, adding that the underlying trend in the country is "firming up".
GDP
25 Oct 2015
GDP to grow at 7.4% in FY16 with downside risks: DBS
India is expected to clock 7.4 percent growth rate this fiscal with a downside risk amid weak exports, slow pace of structural reforms and investment spending, says a DBS report.
DBS
24 Aug 2015
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.
Inflation
06 Aug 2015
Retail inflation to average 5.6% this fiscal: DBS
Retail inflation in India is likely to average around 5.6 percent this year, down from 6.1 percent in financial year 2014-15, says a DBS report.
Current Account Deficit
02 Aug 2015
India's CAD likely to widen in June quarter: Report
India's current account deficit (CAD) is likely to widen in the June quarter to 1.8-2.0 percent of GDP while for the current financial year, it is likely to remain under control, says a DBS report.
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