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DBS Bank India (DBIL), the wholly-owned subsidiary of Singapore’s DBS Bank, has seen a sharp rise in bad loans, with gross non-performing assets (NPAs) rising sharply to 12.93% in FY21 after the merger of Lakshmi Vilas Bank (LVB), from just 2.6% in March 2020.
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KENA SAI!
Already sued by India Govt to repay bad debts of the shareholders before the take -over of LV Bank, now this.
Ever ending sinkhole. I am sure all those investment products will have bad returns.
Why allow our National Bank to face such high risks?
Will PAP/ MAS be responsible?
Why do we need 5 Mayors and 80 PAP Ministers?
(This post was last modified: 26-12-2021, 01:27 AM by
Ola.)
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(22-12-2021, 06:53 AM)winbig Wrote: Another Singtel
More to come
PM Lee is walking in a field full of cow dung.
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(26-12-2021, 01:21 AM)Ola Wrote: KENA SAI!
Already sued by India Govt to repay bad debts of the shareholders before the take -over of LV Bank, now this.
Ever ending sinkhole. I am sure all those investment products will have bad returns.
Why allow our National Bank to face such high risks?
Will PAP/ MAS be responsible?
Too big to fail. 800 years investment. PE800. ROI is negative.
They will never say mistake. it is investment for great great great grand children.
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DBS CEO, a very brave man is walking on a minefield
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(26-12-2021, 02:37 AM)cf9 Wrote: Too big to fail. 800 years investment. PE800. ROI is negative.
They will never say mistake. it is investment for great great great grand children.
DBS caught in a mouse trap
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No return < Wait. and times will pass.
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Ke Leng kia siao
Indian accounting
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If u understand how most Indian thinks at the basic level, u will truly understand why India is a tough market.
Indians at fundamental level thinkings are cheapskate and try to undercut at every turns.
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(26-12-2021, 05:35 AM)Scythian Wrote: DBS CEO, a very brave man is walking on a minefield
even when dbs lose heavily in THIS indian bank no sweat for the ceo.
the most sacked
but he is already A more than 20 miilionaire.
MORE THAN ENOUGH FOR 3 GENERATIONS
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When profit Singaporean never have a share but when losses increased Singaporean cost of living inflated.
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(26-12-2021, 07:05 PM)Ernesto Wrote: When profit Singaporean never have a share but when losses increased Singaporean cost of living inflated.
D Damn
B Bloody
S Stupid
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(26-12-2021, 04:06 PM)maddog Wrote: Ke Leng kia siao
Indian accounting
(26-12-2021, 04:25 PM)Niubee Wrote: If u understand how most Indian thinks at the basic level, u will truly understand why India is a tough market.
Indians at fundamental level thinkings are cheapskate and try to undercut at every turns.
(26-12-2021, 04:30 PM)talky Wrote: even when dbs lose heavily in THIS indian bank no sweat for the ceo.
the most sacked
but he is already A more than 20 miilionaire.
MORE THAN ENOUGH FOR 3 GENERATIONS
It sure is ke leng kia siao(Indian accounting). There may be many more bad debts, only DBS shares will tumble down.....
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(26-12-2021, 08:39 PM)Scythian Wrote: D Damn
B Bloody
S Stupid
Dumb Blur Stupid
to do this deal. If fail, taxpayers have to bail them out.
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(26-12-2021, 09:00 PM)Instinct Wrote: Dumb Blur Stupid
to do this deal. If fail, taxpayers have to bail them out.
And they still collecting their multi millions salaries
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(26-12-2021, 01:21 AM)Ola Wrote: KENA SAI!
Already sued by India Govt to repay bad debts of the shareholders before the take -over of LV Bank, now this.
Ever ending sinkhole. I am sure all those investment products will have bad returns.
Why allow our National Bank to face such high risks?
Will PAP/ MAS be responsible?
They think that this ce.ca ceo from a small little cuntry is one of them and can be bullied and su.ck dry
Tsk tsk
8
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Bankers are supposedly highly qualified to assess and analyse financial institution risk ..
Yet, DBS CEO and management don't even know the basic rule.
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