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Acquisition

DBS Bank India acquires 9.9% stake in Svakarma Finance

DBS Bank India Limited announced that it has acquired a 9.9% stake in Svakarma Finance, a non-banking finance company, for delivering relevant financial solutions to micro enterprises through a combination of direct lending and co-lending. DBS Bank India’s strategy for its expanded franchise across 300+ locations and 500+ branches envisages significant growth in SME and […]

Categories
Global Investment

DBS Bank India partners with ODeX to provide credit solutions to freight forwarders

DBS Bank India has announced that it has partnered with ODeX, a platform to exchange shipping documents and facilitate payments, to introduce ODeX Pay Later Solutions powered by DBS. According to a statement, “ODeX customers can access comprehensive payment and financing solutions through the partnership for all their ocean shipping transaction needs. This partnership is […]