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DBS 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.
In 2005, DBS Bank acquired a 37.5% stake in Cholamandalam Investment and Finance Company, with the Murugappa Group lowering its stake to 37.5%. The company was subsequently renamed as Cholamandalam DBS Finance. [7] In 2010, DBS Bank sold its entire stake back to Murugappa Group and exited the joint venture. [8]
[9] [10] On the same day, RBI presented a draft amalgamation scheme of LVB with DBS Bank India Limited; the merger would result in a subsequent write-off of paid-up share capital and delisting of LVB from all stock exchanges. [11] The moratorium was lifted and all branches of LVB started operating as branches of DBS Bank India from 27 November ...
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India's commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, 6 PBs, 43 RRBs, and 2 LABs.
This is a list of areas and neighbourhoods in Chennai by region. The city, spanning an area of 1,189 square kilometres (459 sq mi), is divided on the basis of composition into four major parts: Central, North, South and West.
Map of T. Nagar. T. Nagar is located about 10 km from Chennai Airport and about 8 km from Chennai Central railway station. It lies to the west of the arterial Anna Salai (Mount Road) and is loosely bordered by Saidapet to the south and southwest, West Mambalam to the west, Kodambakkam to the northwest, Nandanam to the south, Nungambakkam to the north, and Teynampet to the east. T. Nagar is ...
Anna Salai, which is more than 400 years old, is acknowledged as the most important road in Chennai city. The head offices of many commercial enterprises and public buildings are located along Anna Salai. It is the second longest road in Chennai, after EVR Periyar Salai.
Olympia Tech Park is the largest and one of the oldest Information Technology office locations in Chennai, India. Various companies have acquired office space in this business park, including Fortune 100 companies. It is located in the Inner Ring Road, Chennai just near the TANSIDCO Industry and the Kathipara Junction. [1]