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DBS to double down on China and India, grow focus on digital assets

Bank has three key areas of focus in China and expects growth from takeover of Lakshmi Vilas Bank in India; it also sees opportunities in tokenisation

    Published Tue, Mar 30, 2021 · 09:50 PM

    Singapore

    SOUTH-EAST Asia's largest lender DBS is looking to double down its presence in China and India as part of efforts to expand into the wider region.

    At the bank's virtual annual general meeting (AGM) on Tuesday, DBS chief Piyush Gupta outlined three key areas of focus in China, namely its upcoming securities joint venture (JV), the consumer finance market and the Greater Bay Area.

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