DBS Bank India Ltd - Company Profile
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DBS Bank India Ltd (DBS Bank India), a subsidiary of DBS Group Holdings Ltd, is a provider of banking and financial products and services. It offers personal banking products including savings account; fixed and recurring deposits; personal, home and property loans; debit cards; accident, health, travel and business insurance. The bank provides working capital and strategic advisory; letter of credit advising, confirmation, negotiation and issuance; supply chain and domestic financing; and other SME (small and medium enterprises) and corporate banking solutions. DBS Bank India offers wealth management, electronic and online banking services. The bank operates ATM’s and branches across India. DBS Bank India is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
First Floor, Express Towers, Nariman Point, Mumbai, Maharashtra, 400021
Website
www.dbs.com/in
Telephone
91 22 66388888
Industry
Financial Services
Revenue (2023)
$854.4M
Products and Services
| Products | Services | Brands |
|---|---|---|
| Savings Account | Working Capital Solutions | DBS Bank |
| Deposits: | Strategic Advisory Solutions | |
| Demand | Letter of Credit Advising, Confirmation, Negotiation and Issuance Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company and Reliance Industries Limited entered into a partnership to build a financing program based on the requirements of the compressed biogas project initiated by RIL. |
| 2023 | Contracts/Agreements | In September, the bank and Keppel entered into an agreement to expand sustainable urban development and digitalization solutions in Asia. |
| 2023 | Contracts/Agreements | In August, the bank and Infor Nexus collaborated on data-based trade finance solutions to improve SME cashflows. |
Competitor Comparison
| Key Parameters | DBS Bank India Ltd | Axis Bank Ltd | Citibank NA-India Branches | IDFC First Bank Ltd | Yes Bank Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Mumbai | Mumbai |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Maharashtra | Maharashtra |
| No. of Employees | - | 91,898 | - | 35,352 | 27,517 |
| Entity Type | Private | Public | Private | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Surojit Shome | Managing Director; Chief Executive Officer; Director | Executive Board | - | - |
| Rajesh Prabhu | Chief Financial Officer; Director | Executive Board | - | - |
| Ravindra Bahl | Part-time Chairman | Executive Board | - | - |
| Vikram Sud | Director | Non Executive Board | - | - |
| Lim Sok Hui | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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