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Lakshmi Vilas Bank
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DBS expects positive returns from India within two years
DBS's acquisition of Lakshmi Vilas Bank gives it a larger foothold in India.
February 26, 2021
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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
February 15, 2021
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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.
November 17, 2020