DBS Bank India appoints Rajat Verma as head of institutional banking

DBS Bank India appoints Rajat Verma as head of institutional banking

Daily Current Affairs   /   DBS Bank India appoints Rajat Verma as head of institutional banking

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Category : Appointment/Resignation Published on: June 28 2023

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  • DBS Bank India has appointed Rajat Verma as managing director and head of institutional banking in India. 
  • The current head of institutional banking Niraj Mittal has recently moved to a new role as country head of DBS Bank in Australia.
  • Verma was, till recently, with HSBC India where he was managing director and country head of commercial banking in India.
  • DBS Bank Limited, often known as DBS, is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. 
  • The bank was previously known as The Development Bank of Singapore Limited, which “DBS” was derived from, before the present abbreviated name was adopted on 21 July 2003 to reflect its role as a global bank.
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