DBS Group CEO Piyush Gupta is optimistic about India's economy and plans to triple the bank's business in the country over the next five years. He acknowledges the challenges in China, particularly in the debt-ridden property sector, but sees growth prospects in sectors like electric vehicles. DBS also intends to increase its stake in Shenzhen Rural Commercial Bank. Gupta highlights the positive performance of DBS's wealth management business, fueled by inflows from Asia, the Middle East, and Europe.
from Banking/Finance-Industry-Economic Times https://ift.tt/7cy3tHJ
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