Singapore's DBS Bank to expand operations in India

Business Standard, 22 Apr 2011
Singapore's DBS Bank has set up a factoring office in India as parts of its plan to expand its global transaction services business regionally, The Straits Times reported today.
DBS obtained its membership of the Factors Chain International (FCI) in January, allowing it to widen factoring solutions it can offer in India. It has also introduced export factoring in its Indonesian operation since last month. Full story

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