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.
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?
(22-12-2021, 06:53 AM)winbig Wrote: [ -> ]Another Singtel
More to come
PM Lee is walking in a field full of cow dung.
(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.
DBS CEO, a very brave man is walking on a minefield
(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
No return < Wait. and times will pass.
Ke Leng kia siao
Indian accounting
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, 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
When profit Singaporean never have a share but when losses increased Singaporean cost of living inflated.
(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
(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.....
(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.
(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
(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
Bankers are supposedly highly qualified to assess and analyse financial institution risk ..
Yet, DBS CEO and management don't even know the basic rule.