Advertisement

Anonymous

18 Apr 2019

∙

General Investing

DBS planning to reduce reliance on Singapore consumers, by expanding into India. Thoughts?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Gabriel Tham

06 Mar 2019

Tag Team Member at Kenichi Tag Team

Singapore's population is so small, plus birth rates are declining. This means there is limited growth here.

India's population is huge. Just capturing a small % of that will eclipse the number of Singapore accounts they have.

With the growth of India, their spending power will also increase.

Reply

Save

Write your thoughts

Related Posts

What are your thoughts on Singapore Life's 3% Endowment Plan which offers guaranteed returns over 3 years for deposits between $1k - $6k? As opposed to SSB and FD? High opportunity cost/low returns?

Dear all. What are your thoughts on purchasing regular savings plan of individual shares only, like (dbs or Singtel shares) rather than RSP of STI ETF which is highly recommended on this platform?

Is the DBS My Preferred Payment Plan (Deposit Accounts) Promotion essentially a 0% interest 12-month loan with zero fees? Is there any impact or any catch like reducing credit score?

StanChart and NTUC Enterprise are planning a digital-only bank in Singapore. How do you think they would fare against banks like DBS and non-bank challengers like Grab?

Should I add some exposure to China in my portfolio? Now it's mainly US and Singapore. Seems like China is up and coming! How about India? Please share your thoughts?

Related Posts

What are your thoughts on Singapore Life's 3% Endowment Plan which offers guaranteed returns over 3 years for deposits between $1k - $6k? As opposed to SSB and FD? High opportunity cost/low returns?

Dear all. What are your thoughts on purchasing regular savings plan of individual shares only, like (dbs or Singtel shares) rather than RSP of STI ETF which is highly recommended on this platform?

Is the DBS My Preferred Payment Plan (Deposit Accounts) Promotion essentially a 0% interest 12-month loan with zero fees? Is there any impact or any catch like reducing credit score?

StanChart and NTUC Enterprise are planning a digital-only bank in Singapore. How do you think they would fare against banks like DBS and non-bank challengers like Grab?

Should I add some exposure to China in my portfolio? Now it's mainly US and Singapore. Seems like China is up and coming! How about India? Please share your thoughts?

Advertisement