According to Surojit Shome, DBS Bank India CEO, the Merger of Lakshmi Vilas Bank with DBS Bank India will provide stability to LVB's depositors and employees. Currently, the DBS team is working on integrating LVB’s systems and network.

Shome, in his statement, spoke that the amalgamation of LVB has enabled us to provide stability to LVB’s depositors and employees, giving DBS Bank India access to a larger set of customers and cities where it does not currently have a presence. With the merger of LVB with DBS India now complete, DBS Bank India’s focus is now on integrating LVB’s systems and network with itself. The DBS Bank India team is working closely with their LVB colleagues to integrate LVB’s systems and network into DBS as soon as possible. After the completion of the integration, the customers will be able to access a wider range of products and services, including access to the full suite of DBS digital banking services, which have won multiple global accolades.

Shome spoke that he is looking forward to working with the new colleagues towards being a strong banking partner to LVB’s clients.