DBS aims to widen India focus, build customer banking base

India Infoline, 26 Oct 2010
Singapore's largest lender DBS Bank Ltd, which has largely limited itself to credit for large corporations, besides treasury and advisory services, aims to widen its focus to build a consumer banking base in Asia's third largest economy. DBS has chalked out a strategy to generate at least 25-30% of its deposits from retail customers in the next three years and build a foundation for its other businesses such as funding small industrial units, wealth management and cash management services, said Sanjiv Bhasin, general manager and chief executive officer, DBS Bank, India. Full story