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DBS launches India's first mobile-only bank

Bank aims to add five million retail customers over 3-5 years, and take in deposits of about S$10 billion

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DBS Bank aims to add five million retail customers in India over the next three to five years, and take in deposits of about S$10 billion through India's first mobile-only bank that it launched on Tuesday, its chief executive Piyush Gupta said.

Singapore

DBS Bank aims to add five million retail customers in India over the next three to five years, and take in deposits of about S$10 billion through India's first mobile-only bank that it launched on Tuesday, its chief executive Piyush Gupta said.

The bank, which targets to