இந்தியா லட்சுமி விலாஸ் வங்கி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from இந்தியா லட்சுமி விலாஸ் வங்கி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In இந்தியா லட்சுமி விலாஸ் வங்கி Today - Breaking & Trending Today

US powerhouse Citigroup takes retail banking exit from China, India and Australia


New York: Citigroup Inc. s plan to exit its retail business in China and India underscores the frustrating battle for market share international banks face in two of Asia s largest economies despite plowing in billions of dollars over the past decade.
Increased rivalry from domestic lenders, especially in consumer financing, and fierce competition for top talent contributed to the challenges that overseas banks have often struggled to overcome. High capital and regulatory requirements also proved onerous.
Citigroup CEO Jane Fraser said that the bank had decided it didn t have the scale it needed to compete in China, India and 11 other markets. Overall, international banks had a 1.2 per cent share of assets in 2020 in Asia s largest economy, compared to 1.8 per cent in 2010, McKinsey & Co. data showed. In India, that number slipped to 6.8 per cent last year, down from 7.2 per cent a decade ago. ....

New York , United States , South Korea , Mckinsey Sengupta , Jane Fraser , Joydeep Sengupta , Financial Group Inc , Holdings To Singapore , India Lakshmi Vilas Bank , Mckinsey Co , Group Holdings , Citigroup Inc , Mitsubishi Ufj , Image Credit , Standard Chartered , State Bank , South Asia , Lakshmi Vilas , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா , ஜேன் ஃப்ரேசர் , ஜோய்தீப் செங்குப்தா , நிதி குழு இன்க் , இந்தியா லட்சுமி விலாஸ் வங்கி , மகிந்ஸீ இணை ,

Singapore's DBS Bank to focus on India and China for growth


Singapore s DBS Bank to focus on India and China for growth
ANI |
Updated: Apr 05, 2021 14:24 IST
By Lee Kah Whye
Singapore, April 5, 2021 (ANI): Singapore s DBS Bank, which acquired India s Lakshmi Vilas Bank (LVB) last November, plans to accelerate its business by doubling down on growth markets of India and China.
DBS Group CEO, Piyush Gupta, said this when briefing investors, analysts, and the media at its virtual annual general meeting (AGM) last week.
In spite of the health crisis and economic chaos caused by the COVID-19 pandemic, Southeast Asia s largest lender by total assets achieved its highest ever operating profit of SGD 8.4 billion (USD 6.3 billion). This was an increase of two per cent over the previous year. Total income held steady at SGD 14.6 billion (USD 10.9 billion) which was about the same as in 2019. ....

Hong Kong , Piyush Gupta , Lee Kah Whye , Postal Savings Bank , India Lakshmi Vilas Bank , Lakshmi Vilas Bank , Lee Kah , Southeast Asia , China Greater Bay , Greater Bay Area , South China , Dbs Bank , ஹாங் காங் , பியூஷ குப்தா , போஸ்டல் சேமிப்பு வங்கி , இந்தியா லட்சுமி விலாஸ் வங்கி , லட்சுமி விலாஸ் வங்கி , லீ கா , தென்கிழக்கு ஆசியா , சீனா அதிகமானது வளைகுடா , அதிகமானது வளைகுடா பரப்பளவு , தெற்கு சீனா , டிப்ஸ வங்கி ,