يحاول ذهب - حر
DBS targets ‘mass affluent’ in pivot to universal banking
February 20, 2026
|Mint Bangalore
CEO says the bank stands out among its peers, which largely cater to cos and the super-rich
DBS Bank India chief executive officer Rajat Verma.
DBS Bank India is looking to target India’s rising ‘mass affluent’ base to become a true universal bank and stand out among its peers, which largely cater to companies and the super-rich, chief executive officer Rajat Verma told Mint in an interview.
Mass affluent refers to individuals who earn significantly more than the average consumer at around ₹30 lakh a year, but haven't yet reached ‘high-net-worth’ status.
Verma said the bank’s pivot to a universal banking model is already underway, having seen broad-based growth across its institutional, small business, retail and wealth verticals in 2025. It will look to maintain this growth across all key businesses in 2026 while focusing on select products and sub-segments, he added. He joined the bank in 2023 to head the institutional banking business and became its chief executive in 2025.
هذه القصة من طبعة February 20, 2026 من Mint Bangalore.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint Bangalore
Mint Bangalore
India needs to look beyond cost optimization in its tryst with AI
What gets the work done cheaply has its appeal but will not place the country in the technological position we must aim for
4 mins
May 19, 2026
Mint Bangalore
The mysterious crypto judges who settle Polymarket disputes
Garrick Wilhelm joined the crowds piling into prediction markets last month. He quickly came to regret it.
4 mins
May 19, 2026
Mint Bangalore
INVESTING LESSONS FROM A LOST WORLD WAR TWO SOLDIER
When the Second World War ended in 1945, Japanese intelligence officer Hiroo Onoda did not get the memo. He continued to fight in the Philippine jungle till 1974. He dismissed every leaflet as propaganda and lived off the land.
2 mins
May 19, 2026
Mint Bangalore
Exim Bank eyes 10% jump in loan book
Export-Import Bank of India (Exim Bank) is aiming for a 10% jump in its loan book in financial year 2027 (FY27) despite the West Asia conflict, its managing director and chief executive Harsha Bangari said.
1 min
May 19, 2026
Mint Bangalore
Capital gains tax cut for FPIs not on govt agenda
India is not considering a cut in capital gains tax on foreign portfolio investors (FPIs) in the country at this point in time as a measure to stem capital outflows from the country, a top government official aware of the matter said.
1 min
May 19, 2026
Mint Bangalore
China economy slows sharply as investment contracts
China’s economy slowed across the board in April with investment resuming declines while retail sales and industrial output fell short of forecasts, underscoring the economy’s vulnerability in the face of a global energy crisis.
1 min
May 19, 2026
Mint Bangalore
Can Ford play catch-up? It has taken a new path to go electric
Its energy business could help keep its electric vehicle options open
3 mins
May 19, 2026
Mint Bangalore
Kyivites hope for spring after surviving the war's darkest winter
It was the middle of January when the cold and lack of electricity forced Olha Kosova and her baby to flee their Kyiv apartment to her parents’ place in the suburbs.
3 mins
May 19, 2026
Mint Bangalore
CRUEL SUMMER: PROFIT SLUMP FOR CORPORATE INDIA
The Iran war's economic shock is eroding margins at India Inc. each passing day. Be ready for dented Q1 FY27 results.
7 mins
May 19, 2026
Mint Bangalore
'Countercyclical cap buffer not required'
The Reserve Bank of India (RBI) on Monday said it has decided against activating the countercyclical capital buffer (CCyB) as it is not required in the current circumstances.
1 min
May 19, 2026
Listen
Translate
Change font size

