DBS Bank India has recently announced the appointment of Rajat Verma as the Managing Director and Head of Institutional Banking for the country. This strategic move comes as the current head of institutional banking, Niraj Mittal, transitions to his new role as the Country Head of DBS Bank in Australia. Rajat Verma’s appointment reflects DBS Bank’s commitment to expanding and strengthening its institutional banking franchise in India, capitalizing on the bank’s extensive footprint of over 350 locations with more than 530 branches.
In his new position, Rajat Verma will spearhead the growth of DBS Bank’s institutional banking business in India. With an expanded presence across the country, DBS Bank is well-positioned to leverage its extensive network and cater to the diverse needs of institutional clients. This strategic appointment underlines DBS Bank India’s dedication to excellence in the institutional banking segment and bolsters its leadership team.
DBS Bank has been experiencing substantial growth in India, and Rajat Verma’s appointment is expected to further accelerate the bank’s momentum. The institution has significantly expanded its footprint in the country, with a network spanning over 350 locations and more than 530 branches. By capitalizing on this expanded presence, DBS Bank aims to enhance its offerings and cater to the evolving needs of institutional clients across various sectors.
Surojit Shome, the Managing Director and CEO of DBS Bank India, expressed his satisfaction with Rajat Verma’s appointment. Shome highlighted that DBS Bank India is witnessing strong growth, and Rajat’s extensive experience in delivering value to institutional clients across diverse sectors and markets will be invaluable in driving further business growth in the country. With a seasoned banker like Rajat Verma leading the institutional banking division, DBS Bank India is well-positioned to capitalize on market opportunities and strengthen its position as a leading financial institution.
Rajat Verma brings a wealth of experience to his new role at DBS Bank India. He has a proven track record of delivering value to institutional clients across different sectors and markets. His deep understanding of the financial landscape and his ability to build strong relationships will be instrumental in expanding DBS Bank’s institutional banking franchise. With his leadership, DBS Bank India aims to provide tailored solutions and exceptional service to institutional clients, further solidifying its position in the market.
DBS Bank’s commitment to India is evident through its continuous expansion and investment in the country. The appointment of Rajat Verma as the Head of Institutional Banking underscores the bank’s focus on strengthening its presence and offering comprehensive financial solutions to institutional clients. With a robust leadership team and a client-centric approach, DBS Bank India is poised to drive sustainable growth and contribute significantly to the Indian banking landscape.
The appointment of Rajat Verma as the Managing Director and Head of Institutional Banking at DBS Bank India marks an important milestone in the bank’s growth strategy. With his extensive experience, Rajat Verma is well-equipped to lead the expansion of DBS Bank’s institutional banking franchise in India. This move reaffirms DBS Bank’s commitment to excellence, client-centricity, and continued growth in the Indian market. With an expanded footprint and a strong leadership team, DBS Bank India is poised for further success in the institutional banking sector.
