DBS Bank India appoints Rajat Verma as Managing Director
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DBS Bank India appointed Rajat Verma as the Managing Director and Head of Institutional Banking in India.
An Overview of the News
Rajat Verma joins DBS Bank India from HSBC India, where he held the position of Managing Director and Country Head of Commercial Banking in India.
Neeraj Mittal, the previous Head of Institutional Banking at DBS Bank India, has moved to a new role as Country Head of DBS Bank in Australia.
In his new role, Mittal will focus on expanding the DBS franchise in Australia as well as strengthening the bank's relationships with South-East Asia and South Asia.
DBS Bank Limited:
It is a Singaporean multinational banking and financial services corporation.
It is headquartered in the Marina Bay Financial Center in the Marina Bay district of Singapore.
The bank was formerly known as The Development Bank of Singapore Limited.
On 21 July 2003, the bank adopted the name DBS to reflect its global role.
DBS Bank is one of Singapore's "big three" banks,along with OCBC Bank and UOB.
Its major markets include China, India, Indonesia, Hong Kong and Taiwan.
DBS Bank offers a wide range of banking and financial services.
Its services include retail banking, wealth management, corporate banking, investment banking, trade finance, treasury and market services, and insurance solutions.
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