Our Journey in India
DBS set up its India representative office in 1994 and is currently the largest Singaporean bank in the country along with being the fifth largest foreign bank by assets. India is one of DBS Group’s six core markets which is at forefronts of group’s strategic priority. DBS leverages its insights, deep understanding of Asia and appreciation of local cultures to provide innovative and comprehensive financial solutions to our customer, SME and corporate banking. DBS continues to invest and expand its operations in India. It is the first among the large foreign banks to apply for and receive the ‘in-principle- approval from RBI, for conversion to a locally incorporated wholly-owned subsidiary.
DBS established DBS Asia Hub 2, its largest technology hub outside Singapore in Hyderabad. Set up in 2016, DBS Asia Hub 2 supports the bank in strengthening its technological capabilities across the region as well as its digital banking strategy.
DBS has been making a steady mark in India and has been recognised by several external institutions like LinkedIn, Aon Hewitt and ET Now as India’s finest workplace.
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