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2026

DBS joins buzzing India ECM space with mandate in $1 billion IPO

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DBS Group Holdings Ltd. has launched its equity capital market operations in India. The Singaporean lender secured its first deal with Manipal Health Enterprises Pvt. for a $1 billion initial public offering. This move signals DBS's strong commitment to India's growing capital markets. The bank aims to provide a full suite of investment banking services to Indian businesses and investors.



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