We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

A big leap

18 Nov 2020 By Una Galani

Singapore’s $47 bln DBS will supersize its branch network by absorbing stricken Lakshmi Vilas under an RBI plan. It’s a small deal with larger implications. Welcoming a foreign owner suggests regulators are ready to look beyond weak state entities for the country’s lending needs.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)