Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Industry News

| More

DBS Bank India appoints Rajat Verma as Managing Director and Head of Institutional Banking

Posted On: 2023-06-26 14:14:57 (Time Zone: IST)

DBS Bank India announces the appointment of Rajat Verma as Managing Director and Head of Institutional Banking for India. The current Head of Institutional Banking for India, Niraj Mittal, has recently moved to a new role as Country Head of DBS Bank in Australia as part of the bank's continued talent and leadership development program. Niraj will focus on growing the DBS franchise there, including improving linkages with South-East Asia and South Asia. Niraj was instrumental in deepening the large corporate franchise across major conglomerates in India as well as refocusing and scaling the SME business.

Rajat was, till recently, with HSBC Bank where he was Managing Director and Country Head of Commercial Banking, India. Rajat brings a wealth of knowledge and deep industry expertise to DBS. With his 26 years of banking experience, Rajat has demonstrated an outstanding record of steering business growth and delivering results. He holds an MBA from the Indian Institute of Management, Lucknow, and a Bachelor of Electrical Engineering from the Delhi College of Engineering.

In his new role, Rajat will lead the growth of the institutional banking franchise for DBS Bank in India given the significantly expanded footprint of the bank in India with presence across 350+ locations with 530+ branches. With this appointment, DBS Bank India further strengthens its leadership team and underlines its commitment to excellence in its institutional banking business.

Surojit Shome, Managing Director and CEO of DBS Bank India said, "DBS Bank India is on a strong growth trajectory, and we are very pleased to have Rajat on board to accelerate the momentum. He is a seasoned banker with a proven track record of delivering value to institutional clients across diverse sectors and markets. His appointment reinforces our commitment to growing our business in India. I am confident that under Rajat's leadership, we will further bolster our corporate banking franchise, leverage our strengths in digitalisation and deliver better value for our customers."

Rajat Verma, Managing Director and Head of Institutional Banking for DBS Bank India said, "This marks a career milestone for me as I join an organisation with a unique growth story in India. DBS has been recognised as one of the best banks in the world and is making great strides in the industry through its strong digital platform, established Asian network and deep understanding of the Indian market. I look forward to building on this solid foundation and working with the talented team at DBS to leverage these strengths as we progress towards the next stage of growth in India."

DBS Bank India Limited, a 100% wholly owned subsidiary of DBS Bank Limited, Singapore, is one of the leading banks in the country, offering a wide range of products and services to its clients across large, medium, and small enterprises along with a full suite of products for individual consumers. The Bank is committed to building long-term sustainable partnerships, co-creating solutions that enable businesses to realise their ambitions, and connecting clients through an ecosystem approach. The Bank has also seen steady growth with its large corporate and MNC clients.

* DBS Bank has been recognised as the "World's Best Bank" thrice by Global Finance since 2018.

Click here to send ur comments or to

Other Headlines:

Aegon Life Acquired by Bandhan Financial Holdings

Kerala Technology Expo 2024 aims Kozhikode's rise as tier-2 IT hub

Vinfast Accelerates Into India: Groundbreaking ceremony marks a major milestone in its Global Expansion

SnowPure presents Cow Ghee made from 100% traceable milk

Goa Tourism's Participation at SATTE 2024 To Showcase Innovation in Regenerative Tourism

Center fresh introduces Lemon Honey flavor in mints with 60 mins Clean Breath

79% of Indians worry about Home Safety while on vacation

ReNew announces results for the Third Quarter and Nine Months of Fiscal Year 2024

AirAsia launches its signature Big Sale Campaign from INR0*base fare

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Mitsubishi partners with TVS Mobility to provide Integrated Vehicle Mobility solutions in India

International Conference on 'Advantage India Chemical Conclave 2024' to be organised on 23rd February 2024 Mumbai, India

Explurger Secures USD 4.5 Million in Series-A Funding Led by Affle

Blue Planet Boosts Circular Economy with a majority stake in Mahindra Waste to Energy

Tech-enabled pet care startup Supertails raised INR 125 crores in Series B funding

Inflection Point Ventures announces 14 exits from 2023 with IRR of 61%

Consumer Foods Brand 'Yu' raises INR 20 CR in Follow-on Series A Funding led by Ashish Kacholia and Asian Paints Promoter Group

EET Hydrogen to proceed into final negotiations with UK Government to develop low carbon hydrogen plant in Ellesmere

Essar Oil UK rebrands to EET Fuels

Tata Capital rolls out Education Loans, provides 100% financing of academics

Uber India is now Great Place To Work Certified

myBiz by MakeMyTrip announces partnership with Zoho

ReNew refinances US$ 325 Million debt three months ahead of maturity

ICAI Awards for Excellence in Financial Reporting 2022-23

JSW and Coolbrook ink strategic cooperation agreement for industrial electrification technology to drive decarbonisation

Plans for UK's largest hydrogen production hub given green light

Radisson Hotel Group announces the opening of Park Inn by Radisson Ayodhya

Godrej Interio targets 42% revenues from its Good & Green product portfolio in FY24

Essar selects final technology partner for Essar Oil UK's Industrial Carbon Capture facility, onboarding all key technology providers

Serentica Renewables Secures Groundbreaking ECB Financing Worth INR 3500 crores for 530 MW Round-the-Clock Renewable Project in India

NSE inaugurates Investors Service Centre in Madurai with SEBI & BSE

Chennai based Multispecialty Hospital Chain Medway Hospitals raises $5m in a financing round led by Kyra Ventures

Accor Strengthens its Portfolio in India with the Signing of Grand Mercure Jaipur Kukas

UPI for Secondary Market

Tata AIA Flexi Growth Fund NFO window to close on December 31, 2023

Hinduja Renewables wins 140 MW solar power project in GUVNL tender

NABARD Empowers Rural Artisans by Supporting their Participation in Mahalaxmi Saras 2023-24

Air India Express Announces Exciting Sale on Domestic and International Flights

Aavishkaar Capital invests $1.45 Million in Jumps Auto Industries

Essar selects technology partner for Essar Oil UK's Industrial Carbon Capture facility paving way to reduce CO2 emissions by 1 million tons

Waaree Energies, India's Largest Solar Manufacturer To Build 3-Gigawatt Module Manufacturing Facility in Texas and Signed a Landmark Multi-Year Offtake Agreement

The Leela Palaces, Hotels and Resorts wins Best Hotel Group in India

ASICS India on an expansion spree

Swiggy partners with Simpl, Now Bangalore customers can order with 1 Click

Essar Oil and Gas Exploration and Production Ltd signs MoU with IIT Bombay to collaborate for R&D

NSE Celebrates India's First Ever Listing on Social Stock Exchange Segment by SGBS Unnati Foundation

Essar signs 3 MoUs with Gujarat Govt totaling Rs 55,000 Crore in Energy Transition, Power, and Ports Sectors

Niva Bupa Health Insurance Introduces 'Aspire', a product for Young India

Enabling SMEs to run their business more professionally, Tally Solutions launches TallyPrime 4.0

Indian mutual fund industry registers 21% YoY growth in Assets under Management in November 2023

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020