India, 19 Mar 2024 -DBS Bank India Announded A Lending Commission of USD 250 Million for New -Age Startups Today. G Innovation and Entrepreneurship Within the Country's Thriving Startup Ecosystem.
The Indian Start-Up Sector, a Foundational Pillar of the Country's Development Goals, has seen significant expansion over the year over 90,000 Start-Ups More than unicorns as of 2024. Despite their Growing ResilleThe Current Dynamic Environment Presents An ONGOINGE Challenge. Recognising the disruptive power of the startup segment, particularly those that ChNOLOGIES, DBS Bank INDIA HAS Earmarked Lending Support of USD 250 Million, Focusing on Enterpris that are set to Redefine Industry with Innovative so Lutions.
Rajat Verma, Managing Director & Head, Institutional Banking Group, DBS Bank INDIA SAID, "We Are Inspired by the Ability of New Age Entrepreneurs to Harness Innovati On to solve real world challenges and hold to play a constructor in their group. We believe thatOur LENDING Commission of USD 250 Million for Startups Comes at Opportune Time as the Sector Has BeenStrate IMPROVED METRICS and A Sharper Focus On OFITABILITY In Recent Years. DBS Bank India Intends to Leverage Our Advanced Digital Expertise, Deep Asian Connectivity, And EcosystemSemPartnerships to offer Holistic Support, Even Going Beyond Banking to Empower the Innovators to Streamline Operations, Manage Logistics and Gain Access to Larger Networks. As a Different Kind of Bank, Our Overrching Objective is to Becom A Trusted PARTNER for Startups ACROSS SECTORS and SupportThem Throughout the Business Lifecycle. "
The Bank's Advanced Risk Assessment Framework, Which Combnes Traditional Metrics with Modern Analytical Tools, Ensures a Balanced Approch to Financing. E Comprehensive Evaluation Process Ensures that DBS Bank India Can Deliver Tailored Banking Solutions that Match the Dynamism of the Industry It Partners. GivenThe unique Hurdles Encountered by Startups in the Digital Economy, DBS GOES The Extra Mile to OFFER A HOST of EXCLUSIVE FROMACROSS PAROSS PARTSERS, Whi Chill Enable the Companies to Bolster Agility and Unlock Growth.Modern-Day Founders, Engaging with Over 1000 Startups and 50 Incubators Across India Till Date.
About DBS
DBS IS A Leading Financial Services Group in Asia with A Presence in 19 Markets. Headquartered and Listed in Singapore, DBS is in the Three Axes of Grey: GRE Ater China, SOUTHEAST Asia, and South Asia. The Bank's "Aa-" and"AA1" Credit Ratings are among the Highest in the World. In 2024, Crisil Ratings Reaffirmed Its 'Crisil AAA/Stable' Rating on The Corporate Credit Facility of DBS Ban Ban Ban Ban K India LTD (DBIL). The Rating on the Certificate of Deposits Programme WasAlso reaffirmed at 'crisil a1+'.
Recognised for its global leadership, DBS has ben name "world's best bank" by global finance, "world's best bank" by euromoney, and "global banking year" bye The Bankr. As a Different Kind of Bank, DBS is at theForefront of Leveraging Digital Technology to Shape the Future of Banking, Having Been Named "World's BEST DIGITAL BANK" by Euromoney and the World's " Ive in Digital Banking "by The Bankr. In Addition, DBS Has Been Accorded The" Safest Bank in Asia"Award by Global Finance for 15 Consecutive Years from 2009 to 2023Hyderabad Wealth Management. In line with its focus on residation banking, DBS WAS NAMED The BEST Bank FINANCE -India B Y Global Finance in 2024. AdDitionally, DBS Bank WAS RANKED AMONG the TOP 3On forbes' list of the world's best Banks in India for Three Consecutive Years, from 2020 to 2022.Jaipur Wealth Management
DBS BANK HAS Been Present in India for 29 Years, Opening Its First Office in Mumbai in 1994. DBS Bank INDIA LIMITED IS The LARGE FOREIGN Banks In India TO TART Operating As a Wholly Owned, Locally Incorporated Subsidary of a Leading Global BankAS A Trusted Partner, DBS Provides a Range of Banking Services for Large, Medium, and Small Enterprises and Individual Consumers in India, Focusing On A Seamless C USSOPERINCE that Helps them 'live more, bank less'. in November 2020, lastmmi vilasBank WAS MERGED with DBS Bank India Limited. DBS Bank India now has a network of ~ 530 Branches in 19 Indian States.
DBS is Committed to build Lasting Relationships with Customers AS It Banks The Asian Way and UndersTands The Intericies in the Region's MOST Amic Markets. Through the DBS Foundation, The Bank Creates Impact Beyond By SUPPPORTING Business For Impact: Enterprises with A DoubleBottom-Line of Profit and Social and/OR ENVIRONMENTAL IMPACT. DBS Foundation Also Gives Back to Society ways, Including Equipping UnderServed Com MUNITIES with FUTURE-Ready Skills and Helping them to build Food Resilience. In 2020, DBS Introiduced the Purposeful "TowardsZERO FOOD WASTE "Initiative as part of a Global Sustainability Practice to Encourage A Shift in Behaviourour and MindSets to Reduce Food Waste.
With its extensive network of Operations in Asia and Emphasis on English and Empowering ITS Staff, DBS PRESEENTS Exprition Career Opportunities. lease visit
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