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DBS Bank
3.8
based on 1.9k Reviews
Video summary
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
Company Overview
Company Locations
Working at DBS Bank
Company Summary
DBS is a leading financial services group headquartered in Singapore, operates across 18 markets. A frontrunner in digital transformation,
Overall Rating
3.8/5
based on 1.9k reviews
On-Par with
industry average
Highly rated for
Salary
Critically rated for
Promotions
Work Policy
Work from office
64% employees reported
Monday to Friday
51% employees reported
Flexible timing
55% employees reported
No travel
51% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
113 employees reported
Office cab/shuttle
103 employees reported
Job/Soft skill training
97 employees reported
Cafeteria
70 employees reported
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About DBS Bank
Founded in1968 (57 yrs old)
India Employee Count5k-10k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Websitedbs.com
Primary Industry
Other Industries
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DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named āWorldās Best Bankā by Global Finance, āWorldās Best Bankā by Euromoney and āGlobal Bank of the Yearā by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named āWorldās Best Digital Bankā by Euromoney and the worldās āMost Innovative in Digital Bankingā by The Banker. In addition, DBS has been accorded the āSafest Bank in Asiaā award by Global Finance for 14 consecutive years from 2009 to 2022.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the regionās most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.
Vision: Being purpose-driven is core to how we run our business.
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AmbitionBox Best Places to Work in India Awards
Best of the best, rated by employees
DBS Bank won Indiaās Largest Employee Choice Awards in Mid-Sized Companies Category.
#5 Top Rated Banking Company
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DBS Bank Ratings
based on 1.9k reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
784
4
469
3
255
2
134
1
232
Category Ratings
3.9
Salary
3.7
Job security
3.7
Skill development
3.6
Company culture
3.6
Work-life balance
3.4
Work satisfaction
3.3
Promotions
DBS Bank is rated 3.8 out of 5 stars on AmbitionBox, based on 1.9k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the companyās work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at DBS Bank
based on 1.8k reviews
3.6
Rated by 344 Women
Rated 3.7 for Salary and 3.6 for Job security
3.8
Rated by 1.4k Men
Rated 3.9 for Salary and 3.7 for Company culture
Work Policy at DBS Bank
based on 331 reviews in last 6 months
Work from office
64%
Hybrid
33%
Permanent work from home
3%
DBS Bank Reviews
Top mentions in DBS Bank Reviews
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Compare DBS Bank with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 3.8/5 based on 1.9k reviews  | 4.0/5 based on 38.3k reviews | 3.9/5 based on 39.8k reviews | 3.8/5 based on 25.6k reviews |
Highly Rated for | Salary | Job security Skill development Company culture | Job security Skill development |  No highly rated category |
Critically Rated for | Promotions |  No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 64% employees reported | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 80% employees reported |
Rating by Women Employees | 3.6 Good rated by 344 women | 3.9 Good rated by 10.1k women | 3.7 Good rated by 8.3k women | 3.6 Good rated by 5.5k women |
Rating by Men Employees | 3.8 Good rated by 1.4k men | 4.0 Good rated by 26.4k men | 3.9 Good rated by 29.5k men | 3.8 Good rated by 18.9k men |
Job security | 3.7 Good | 4.1 Good | 4.0 Good | 3.7 Good |
View more
DBS Bank Salaries
DBS Bank salaries have received with an average score of 3.9 out of 5 by 1.9k employees.
Senior Associate
(828 salaries)
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ā¹13 L/yr - ā¹40.1 L/yr
Analyst
(693 salaries)
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ā¹5.4 L/yr - ā¹17 L/yr
Assistant Vice President
(407 salaries)
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ā¹19.5 L/yr - ā¹50 L/yr
Officer
(358 salaries)
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ā¹2.8 L/yr - ā¹10 L/yr
Assistant Officer
(280 salaries)
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ā¹2.5 L/yr - ā¹5.6 L/yr
Relationship Manager
(243 salaries)
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ā¹3.6 L/yr - ā¹13 L/yr
Personal Banker
(217 salaries)
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ā¹2.5 L/yr - ā¹6.1 L/yr
Branch Head
(188 salaries)
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ā¹7 L/yr - ā¹22 L/yr
Branch Manager
(177 salaries)
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ā¹6 L/yr - ā¹21 L/yr
Senior Officer
(135 salaries)
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ā¹4.3 L/yr - ā¹11.1 L/yr
DBS Bank Interview Questions
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DBS Bank Jobs
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DBS Bank News
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DBS First in Singapore to Offer FX Rate Locking for SMEs
- DBS Bank launches DBS SecureFX, the first service in Singapore that allows SMEs and selected corporate customers to lock in foreign exchange rates for up to one month in advance.
- The service covers five currency pairs and enables businesses to secure rates for up to US$1 million without needing credit lines or additional payments.
- DBS SecureFX helps businesses manage cash flow and mitigate foreign exchange risk, especially as many plan to expand regionally.
- The service is accessible through DBS IDEAL, the bank's corporate banking application, and aims to support SMEs as they become regional champions.
Fintechnews | 3 Mar, 2025
Below-target growth to support further rate cuts
- DBS Bank expects below-target growth and manageable inflation to support further rate cuts by the Bangko Sentral ng Pilipinas (BSP) this year.
- Gross domestic product (GDP) is expected to grow below 6% this year, with the government targeting 6-8% growth.
- Inflation remained steady at 2.9% in January, within the central bank's target range of 2-4%.
- The BSP left the benchmark rate unchanged at 5.75% on Feb. 13, citing global uncertainties due to US trade policies.
Bworldonline | 18 Feb, 2025
DBS Creates New Group COO Role, Appoints Internal Talent
- DBS Bank has announced several senior leadership changes, effective 1 April 2025.
- Derrick Goh, currently Head of Group Audit, will become the new Group COO, a newly created position overseeing Operations and Transformation. He will also join the Group Executive Committee.
- Koh Kar Siong, currently Group Head of Corporate and SME Banking, will succeed Goh as Group Audit Head and become a member of the Group Management Committee.
- Jimmy Ng, Group Head of Operations, will retire effective 1 July 2025, but will serve as Senior Advisor for artificial intelligence efforts until 31 December 2025.
Fintechnews | 13 Feb, 2025
Rupee Poised For More Losses As RBI Focuses On Monetary Easing
- The Indian rupee's recent one-day jump may be short-lived due to monetary easing and rising global volatility.
- DBS Bank Ltd. predicts the currency to weaken to 88.8 per dollar by mid-2025, while IDFC First Bank Ltd. expects a decline to 89.50 by December.
- The Reserve Bank of India intervened in the foreign-exchange market, curbing speculation and providing support. However, analysts anticipate the focus to shift towards policy easing and boosting financial-system liquidity.
- The possible future rate cuts and currency movements may contribute to slight rupee weakness in the three- to six-month period.
Bloomberg Quint | 13 Feb, 2025
Juniper Green Energy Raises $1 Billion In Debt Financing
- Renewable energy developer Juniper Green Energy Ltd. has secured $1 billion in phased debt financing for wind-solar hybrid and Firm & Dispatchable Renewable Energy (FDRE) projects.
- The funds were obtained from financial institutions including Power Finance Corp., DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Ltd.
- This debt financing will enable Juniper Green Energy to execute large-scale renewable projects, strengthen operational capacity, and meet the growing demand for clean energy.
- Recent developments include partnerships with Envision Energy India and First Solar to implement wind turbines, battery energy storage systems, and solar photovoltaic modules in key Indian states.
Bloomberg Quint | 10 Feb, 2025
S$1,000 special bonus for DBS staff
- Singapore's DBS Group has decided to grant its employees a special bonus of S$1,000 due to meeting profit expectations.
- Net interest income for the bank is expected to be better than 2024.
- DBS Group posted a net interest margin increase from 2.13% to 2.15% in the fourth quarter of last fiscal.
- The bonus, amounting to about US$740, is the bank's way of recognizing and rewarding the hard work of its staff members.
HRKatha | 10 Feb, 2025
Foreign banks, brokerages see RBI cutting rates by another 25 basis points in April
- Some economists believe that the Reserve Bank of India (RBI) will cut rates by another 25 basis points in April.
- HSBC Global Research predicts an additional 25 basis points rate cut in April and expects further liquidity measures to support economic growth.
- Standard Chartered Bank expects a 25 basis points repo rate cut in April, but emphasizes that future rate reductions depend on the global interest rate outlook.
- Other economists from Goldman Sachs, Morgan Stanley Research, and DBS Bank also express similar views of a 25 bps rate cut in April and the possibility of a longer easing cycle if growth recovery remains lackluster.
HinduBusinessLine | 8 Feb, 2025
With liquidity injections measures, RBI has prepared the ground to facilitate a rate cut by MPC
- The repo rate has remained static for almost two years, but with easing retail inflation and declining GDP growth, there are expectations for a rate cut by the Monetary Policy Committee (MPC) to prioritize growth.
- However, the depreciating rupee may delay a rate cut as it could stoke inflation through imports, particularly crude oil.
- The Reserve Bank of India (RBI) has taken measures to create conditions for a rate cut, including liquidity infusion measures and reducing the cash reserve ratio.
- Economists from HSBC, DBS Bank, and Deutsche Bank AG expect a 25-basis point rate cut in the February meeting, followed by another cut in April to support growth and improve policy transmission.
HinduBusinessLine | 2 Feb, 2025
DBS sees below-target PHL growth until 2026
- DBS Bank predicts that Philippine GDP growth may fall below the government's target for 2025 and 2026.
- DBS forecasts Philippine GDP growth of 5.8% in 2025 and 5.6% in 2026, missing the government's target range of 6-8%.
- Easing inflation and lower interest rates are expected to boost consumption, but DBS expects GDP growth to remain below target.
- DBS also highlights the potential impact of US President Donald Trump's trade policies on ASEAN-6 economies.
Bworldonline | 22 Jan, 2025
Rupee fast heading towards 86
- The Indian rupee is heading towards 86 against the US dollar.
- The dollar is strengthening due to rising US treasury yields and the possibility of Trump imposing tariff measures on imports from China and other countries.
- Rupee traders are keen to assess the new RBI Governor's view on the currency.
- DBS Bank highlights the risk of USD-INR reaching 86 due to dollar strength and pressure on capital and investment flows.
HinduBusinessLine | 8 Jan, 2025
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DBS Bank FAQs
When was DBS Bank founded?
DBS Bank was founded in 1968. The company has been operating for 57 years primarily in the Banking sector.
Where is the DBS Bank headquarters located?
DBS Bank is headquartered in Mumbai, Maharashtra. It operates in 5 cities such as Mumbai, Chennai, Pune, New Delhi, Kolkata. To explore all the office locations, visit DBS Bank locations.
How many employees does DBS Bank have in India?
DBS Bank currently has more than 6,500+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in DBS Bank based on the number of reviews submitted on AmbitionBox.
Does DBS Bank have good work-life balance?
DBS Bank has a Work-Life Balance Rating of 3.6 out of 5 based on 1,800+ employee reviews on AmbitionBox. 67% employees rated DBS Bank 4 or above, while 33% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read DBS Bank work-life balance reviews for more details
Is DBS Bank good for career growth?
Career growth at DBS Bank is rated as moderate, with a promotions and appraisal rating of 3.3. 33% employees rated DBS Bank 3 or below, while 67% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading DBS Bank promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in DBS Bank?
Working at DBS Bank comes with several advantages and disadvantages. It is highly rated for salary & benefits. However, it is poorly rated for promotions / appraisal, based on 1,800+ employee reviews on AmbitionBox.
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