Headquartered in the commercial capital of Mumbai, DBS operates via a network of 10 bank branches across India in Bengaluru, Chennai, Kolkata, Moradabad, Mumbai, Nashik, New Delhi, Pune, Salem and Surat.
DBS was recently acknowledged as "India's Best Small Bank" and “India's Fastest Growing Small Bank” (Business Today - KPMG Survey India's Best Banks 2009) and is the recipient of the "Rising Star Cash Management Bank Award" (The Asset AAA transaction Banking Awards 2009)
A reputed name in the wholesale banking domain, DBS provides a wide range of corporate and investment banking services, including corporate lending, treasury services, transaction services and mergers and acquisitions (M&A) advisory services to corporates, financial institutions and small and mid-tier clients across industries and segments.
In the personal banking domain, DBS offers a range of wealth management products to suit the myriad and evolving needs of its customers. These include "non-resident Indian" (NRI) Services, with products tailored to suit the banking needs of customers working or living outside India, and "DBS Treasures", an exclusive wealth management service offered to the bank's most valued clients to help meet their financial aspirations.
DBS' tryst with India began in 1994 when it started its operations via a representative office in Mumbai, which was quickly upgraded to a formal bank branch a year later. The second bank branch was opened in New Delhi in 2005. In 2008, DBS received a major boost to its India growth plans when it received approvals from the Reserve Bank of India to establish eight more branches. These were promptly opened in the financial year 2008-09, resulting in a nationwide presence for DBS across the length and breadth of the country. DBS is committed to building a universal banking franchise in India with a significant presence across business, clients, products and services.
Today, DBS is the employer of choice to over 400 people in India and is actively involved in the community through its partnerships with established voluntary charitable organisations serving the cause of educating underprivileged children.