Lakshmi Vilas Bank

DBS expects positive returns from India within two years - THE EDGE SINGAPORE

Banking & finance

DBS expects positive returns from India within two years

DBS's acquisition of Lakshmi Vilas Bank gives it a larger foothold in India.
DBS books a Passage to India as Covid cloud lifts and outlook brightens  - THE EDGE SINGAPORE

Banking & finance

DBS books a Passage to India as Covid cloud lifts and outlook brightens

DBS's conservative general provisioning and $1 billion in management overlay provide scope for write backs
India's central bank matchmakes troubled Lakshmi Vilas Bank with DBS, dowry of $463 million ready - THE EDGE SINGAPORE

Banking & finance

India's central bank matchmakes troubled Lakshmi Vilas Bank with DBS, dowry of $463 million ready

DBS will inject $463 million of additional capital into DBS Bank India if the scheme goes through.
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