Flagship
campaign will celebrate and deepen bilateral relations between the two
economies.
Mumbai: August 14, 2024: The
India-Singapore relationship has emerged as one of the most important
partnerships in the context of the ‘Asian Century’. Underpinned by a rich
history of cultural and commercial connections, complementary strengths and
shared priorities, the India-Singapore corridor has been growing in prominence
for many years. To further strengthen these ties, DBS Bank India is launching
an initiative that will bring together stakeholders from diverse sectors in
both countries to identify synergies and create opportunities for charting a
mutually beneficial way forward.
Since opening its first office in Mumbai in 1994,
DBS Bank has now been present in India for 30 years. The bank’s partnership
with CNBC-TV18 to launch the ‘India Singapore Connect’ is also a celebration of
this milestone, by further deepening the dialogue and the exchange of ideas and
best practices. This effort will spread over the rest of the year and will also
leverage DBS Bank’s established linkages in both Singapore and India to include
perspectives from government leaders, CEOs, entrepreneurs, economists and
opinion leaders that will help contextualise key themes that are relevant to
this corridor, covering regional trade, investment flows, innovation, emerging
technology, sustainable development and cross cultural interests.
Speaking on the launch of the campaign, Surojit
Shome, Managing Director and CEO, DBS Bank India said, “As we
celebrate three decades of growth in the country, DBS Bank reaffirms its
commitment to India and to continuing to deliver value to customers as a
trusted partner over many more decades to come. We envision the
‘India-Singapore Connect’ to be both a celebration of strong bilateral ties,
while also looking ahead to further deepen existing relationships and forging
new ones through meaningful interchange between both countries. As the largest
bank in South-East Asia, it is a privilege for DBS to be able to catalyse
greater collaboration between India and Singapore.”
This milestone program will kickstart with a
curtain raiser episode featuring an interview with Piyush Gupta, CEO and
Director, DBS Group, led by Shereen Bhan, Managing Editor, CNBC-TV18, focusing
on how the paradigm of the India-Singapore corridor has evolved and how its
strengths can serve as a blueprint for developing successful economic and
people-to-people relationships between the nations. It will conclude with an
exclusive event - the ‘India-Singapore Connect Summit’ to be hosted in Mumbai,
which will see thought leaders and dignitaries from across the region share
insights and actionable pathways for inclusive growth.
“As India’s premier business news platform, we at
CNBC-TV18 are passionate about curating meaningful conversations and focusing
on issues that matter. We are proud to partner with DBS Bank India on the
‘India-Singapore Connect’ campaign that touches upon many transformational
trends, as seen through the eyes of corporate and cultural leaders in two of
Asia’s fastest-growing economies. It presents us with an invaluable opportunity
to combine forces with DBS Bank to help develop an important bilateral
relationship”, said Shereen Bhan, Managing Editor,
CNBC-TV18, reflecting on the significance of the campaign.
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’.
About DBS
DBS is a leading financial
services group in Asia with a presence in 19 markets. Headquartered and listed
in Singapore, DBS is in the three key Asian axes of growth: Greater China,
Southeast Asia, and South Asia. The bank's "AA-" and "Aa1"
credit ratings are among the highest in the world. In 2024, 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. In November 2020, Lakshmi Vilas Bank was merged with DBS Bank India
Limited. DBS Bank India now has a network of ~500 branches in 19 Indian states.
DBS is committed to building lasting relationships with customers as it banks
the Asian way and understands the intricacies of doing business in the region’s
most dynamic markets. With its extensive network of operations in Asia
and emphasis on engaging and empowering its staff, DBS presents exciting career
opportunities. For more information, please visit www.dbs.com.