Tag Archives: state bank of india

HDFC acquires Centurion Bank – biggest financial deal in India

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HDFC Bank and Centurion Bank of Punjab Boards agreed, for a merger between the two banks– in what is poised to be the biggest financial sector deal in India’s banking history.

HDFC Bank is the third biggest bank in the country by share market value. Centurion Bank of Punjab itself had acquired the privately-owned Lord Krishna Bank in last year.

DBS Bank visions more branches in India

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DBS Bank proposal of setting up more branches in India is pending with Reserve Bank of India( RBI ) following the Monetary Authority of Singapore’s delay in granting full banking licence to State Bank of India and ICICI Bank.

Currently Singapore-based bank DBS has two branches in India, Delhi and Mumbai.

DBS India locations