DBS Bank India eyes self-sufficiency in capital within next 3-5 yrs

Lender aims to reduce net NPA below 2%; Grow CASA to 40% level

Topics
DBS Bank | DBS India | capital

Abhijit Lele  |  Mumbai 

DBS Bank India, which bought ailing Lakshmi Vilas Bank, expects to generate internal capital--that is, attain self-funding capacity--over a three-five year period to grow business. Fow now capital is adequate and as the bank grows, it will need resources for which a plan is already in place.

Eventually over three to five years, it assumes that business on combined basis will be large enough to be able to generate capital to self-fund growth. Till that time, the bank has the support of group (DBS), said Surojit Shome, managing director and chief executive, DBS Bank India. The ...

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First Published: Tue, July 13 2021. 20:45 IST
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