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DBS Bank to enter India’s credit card market next year

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MUMBAI South-east Asia's biggest bank DBS Group Holdings is preparing to enter the credit card market in India in 2020, a senior company executive said on Tuesday. The lender's move highlights its efforts to tap growth outside its home market to offset weakness in the local...

MUMBAI South-east Asia's biggest bank DBS Group Holdings is preparing to enter the credit card market in India in 2020, a senior company executive said on Tuesday.

"We will launch our credit card by the second or the third quarter of next year," said Mr Shantanu Sengupta, head of consumer banking for DBS in India.

 

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