CRISIL Ratings reaffirmed its ‘CRISIL AAA/Stable’ rating on the corporate credit facility of DBS Bank India Ltd (DBIL). The rating on the certificate of deposits programme was also reaffirmed at ‘CRISIL A1+’.Recognised for its global leadership, DBS has been named “World’s Best Bank" by Global Finance, “World’s Best Bank" by Euromoney, and “Global Bank of the Year" by The Banker.
As a different kind of bank, DBS is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank" by Euromoney and the world’s “Most Innovative in Digital Banking" by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia" award by Global Finance for 15 consecutive years from 2009 to 2023.
In line with its focus on responsible banking, DBS was named the Best Bank for Sustainable Finance – India by Global Finance in 2024. Additionally, DBS Bank was ranked among the top 3 on Forbes' list of the World's Best Banks in India for three consecutive years, from 2020 to 2022.DBS Bank has been present in India for 30 years, opening its first office in Mumbai in 1994.
DBS Bank India Limited is the first among the large foreign banks in India to start operating as a wholly owned, locally incorporated subsidiary of a leading global bank. As a trusted partner, DBS provides a range of banking services for large, medium, and small enterprises and individual consumers in India, focusing on a seamless customer experience that helps them ‘Live more, Bank less’.
In November 2020, Lakshmi Vilas Bank was merged with DBS Bank India Limited. DBS Bank India now has a network of ~520 branches in 19 Indian states.DBS is committed to building lasting relationships with customers as it banks
. Read more on livemint.com