DBS Group Holdings acknowledged the Monetary Authority of Singapore’s censure for its July 5 outage, and said the network failure was of “grave concern” to the bank, according to an e-mailed statement from the bank and service provider International Business Machines Corp. today.

DBS Bank’s capital adequacy ratio will remain comfortable after the MAS ordered it to set aside an extra $230 million in regulatory capital because of the breakdown, Chief Executive Piyush Gupta said in the statement.