DBS India to set up 100 branches, kiosks

Singapore

DBS Bank, announcing the launch of its locally incorporated subsidiary, DBS Bank India (DBIL) on Monday, said that its wholly-owned Indian unit plans to establish more than 100 customer touchpoints - a mix of branches and kiosks - across 25 cities in the next 12 to 18 months.

This month, DBIL will open nine new branches and extend its reach to Hyderabad, Ahmedabad, Coimbatore, Vadodara, Indore and Ludhiana.