DBS, the only other wholly-owned subsidiary, acquired struggling private sector lender Lakshmi Vilas Bank last year, which gave it access to 563 branches.source https://economictimes.indiatimes.com/industry/banking/finance/banking/sbm-bank-bets-on-tie-ups-to-grow-india-ops-not-to-add-branches/articleshow/82140717.cms
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