Aviva and Bank of Maharashtra Alliance – A new beginning




DBS Bank India is a branch of DBS Bank Ltd., one of the largest financial services groups in Asia. DBS opened its first branch in Mumbai in 1995. Since opening its second branch in New Delhi in 2005, DBS has rapidly expanded its network to 12 branches and 40 ATMs spread across the country in key locations. In the last 5 years, DBS India has grown its customer base by about 20 times, and increased its staff strength to over 800. Today, it is the first and the largest Asian bank in India and is committed to building a universal banking franchise in India with a significant presence across businesses, clients, products and services. 


The bank's strong capital position, as well as "AA-" and "Aa1" credit ratings are among the highest in the Asia-Pacific region and have earned it Global Finance's "Safest Bank in Asia" accolade for four consecutive years, since 2009. DBS was also acknowledged as “India’s Best Foreign Bank” by Financial Express – Ernst & Young in 2010 and Dun & Bradstreet for its Asset Quality in 2011.


DBS leverages its insights, deep understanding of Asia and appreciation of local cultures to provide innovative and comprehensive financial solutions. The bank offers a portfolio of corporate banking and financial services to companies, financial institutions and small and mid-tier clients across industries and segments. These include capital markets, credit facilities, electronic banking services, securities and fiduciary services, treasury services, cash management, deposit accounts, international banking and trade finance. DBS also offers wealth management solutions through “DBS Treasures”, an exclusive wealth management service offered to the bank’s most valued clients including “non-resident Indians” (NRIs) with products tailored to suit the needs of customers working or living outside India, to help meet their banking and financial aspirations. 


For more information, please visit www.dbs.bank.in.



Aviva and Bank of Maharashtra Alliance – A new beginning



Bank of Maharashtra and Aviva India has entered into a Corporate Agency arrangement  for distribution of Life Insurance products which marks the first ever Public Sector Bank partnership under Open  Architecture regulations.


Bank  of  Maharashtra  is a major public sector bank in India which has a proud  existence  of  82  years. The Bank was founded in the year 1935 and commenced operations in Feb 1936. Right from its inception, the focus of the Bank has been to assist small business enterprises, traders, self-employed and other common men.


The Bank carries a vision to be the most vibrant, forward looking, techno-savvy,  customer centric bank serving diverse sections of the society, enhancing shareholders and employees value while moving towards global presence.


Government of India holds 81.61% of the total shares. The bank has more than 2.25 Crore customers across the length and breadth of the country served through 1850 plus branches as of December 2017 of which 55% branches are in rural and semi urban area. It has the largest network of branches by any public sector bank in the state of Maharashtra. The branch network includes specialized branches in the area of foreign exchange, Government business, Treasury and International Banking, Industrial Finance, Small Scale Industry and Hi-tech agriculture, Pension Payment, Self Help Groups etc. The Bank’s Net Worth stood at Rs. 5486.47 crore as on 31.03.2017


Together we will ensure that we are available for all our customers across all the digital touch points through dedicated customer portal, efficient mobile app and for all the stages of our customers’ journey i.e. Pre-sale, Point of Sale and Post-sale.