Tag: ipo

The RBI on 17 November announced a draft scheme for the merger of Lakshmi Vilas Bank (LVB) with the wholly-owned subsidiary of DBS Bank in India soon after the government imposed a one-month moratoriu ... ( read original story ...)

CapitaLand has secured its first three green loans in India, totalling Rs 1700 crore, from DBS Bank India Limited (DBS) and the Hongkong and Shanghai Banking Corporation Limited India (HSBC India) for ... ( read original story ...)

With Beijing spooking some investors in Hong Kong, other Asian cities are angling for prominence as arbitration centers. ( read original story ...)

Foreign visitors will be allowed to buy inbound travel insurance coverage for COVID-related costs incurred in Singapore, the Changi Airport Group (CAG) and the Singapore Tourism Board (STB) announced. ( read original story ...)

They hope to boost cross-border data transfer and risk management. The Monetary Authority of Singapore (MAS) and the Bangko Sentral ng Pilipinas (BSP) have released a joint statement of intent to ... ( read original story ...)

Singapore based Fintech firm 360F and Zurich Middle East introduce solution for digitizing entire financial process. ( read original story ...)

SINGAPORE (THE BUSINESS TIMES) - Credit Bureau Asia (CBA), a credit and risk information solutions provider, has lodged a preliminary prospectus for a mainboard listing on the Singapore Exchange (SGX) ... ( read original story ...)

The moth-eaten LVB will cease to exist, its equity completely wiped out.Only its deposits will appear on the books of the India unit of DBS Group Holdings Ltd, Singapore’s biggest bank ... ( read original story ...)

The merger of Lakshmi Vilas Bank, an old private sector bank from India, with a foreign bank like Singapore-based DBS Bank is expected to bring its own set of challenges Bank mergers in India have got ... ( read original story ...)

The Singapore-based company’s revenue doubled to $1.2 billion for the quarter and it boosted annual forecasts for two key businesses. But net losses also doubled to $419.9 million and ... ( read original story ...)

Lakshmi Vilas Bank is set to be folded into the Indian unit of Singapore's DBS under a plan proposed by the Reserve Bank of India (RBI), which took over LVB on Tuesday due to a "serious deterioration" ... ( read original story ...)

DataRobot, the Boston-based enterprise AI company that hit unicorn status last September after a $207 million Series E round, has brought in another massive fundraise: $270 million in what the startup ... ( read original story ...)

The Reserve Bank of India on Tuesday proposed folding Lakshmi Vilas Bank into the local unit of Singapore's DBS, shortly after taking control of the Indian lender due to a "serious deterioration" in ... ( read original story ...)

Deal value was 86% lower than last year. Sales activity for commercial real estate in Singapore contracted the fastest across all major APAC markets in Q3, with the number of deals plunging 74% YoY ... ( read original story ...)

We are talking to different companies to build a diversified portfolio of safe and effective coronavirus vaccines for Singaporeans, says Lawrence Wong, second minister for finance and co-chair of the ... ( read original story ...)

With COVID-19 highlighting the need for robust supply chains, Singapore believes a common data infrastructure is essential in resolving critical painpoints and linking key stakeholders including ... ( read original story ...)