MUMBAI: DBS Bank India, the domestic arm of the Singapore-based lender, has applied for four new branch licences from the Reserve Bank to expand its presence in the country, a top bank official has said.
"Currently, we have 12 branches and the application is pending (with the RBI) for four more branches," DBS India chief executive Sanjiv Bhasin said. He, however, declined to reveal the cities in which the bank is looking at opening new branches. Full story
