MUMBAI, MAR 29, 2023
DBS Bank India on Wednesday announced an innovative investment solution, ‘digiPortfolio’, on its digibank platform which uses both technology and human expertise to create a set of investment options curated by Morningstar that match the risk preferences of different investors. The platform is an easy, one-stop solution for users to invest money with ready-made baskets of mutual funds. DBS Bank India is one of the first banks in India to offer this type of digital solution.
DBS Bank aims to redefine the customer experience and make it more seamless by using data, AI, and advanced technologies. The offering includes different types of investment options, such as domestic equity, debt, and money market instruments, to ensure there are diverse portfolios to cater to different risk profiles of investors.
“It is our endeavour that through digiPortfolio, many of our customers will be more confident about participating in the Indian capital markets,” said Prashant Joshi, Managing Director & Head – Consumer Banking Group, DBS Bank India.