
The bank is among the first in India to offer a full waiver across the MSME segment. The initiative is intended to ease early loan repayment and refinancing without penalty, helping businesses manage cash flow more efficiently. It also aligns with regulatory guidance aimed at improving transparency in lending.
“The waiver will help enterprises repay loans early without penalty and redirect funds to pressing needs such as inventory or expansion,” said Sudarshan Chari, Managing Director and Head – SME Banking at DBS Bank India.
DBS Bank India offers a range of digital solutions for SMEs, including simplified business loans, online current account setup, and platforms like DBS IDEAL for real-time cash flow management. Integration with Tally ERP further enables businesses to automate financial reconciliation and maintain better records.
The development comes at a time of increased credit growth and digital adoption in the MSME sector. “The record credit growth crossing ₹40 lakh crore reflects a dynamic shift in India’s MSME landscape,” said Gayathri Vasudevan, Chief Impact Officer, Sambhav Foundation. “However, challenges such as regional disparities and the need for comprehensive skilling still persist. Customized skilling and enabling MSMEs to leverage technology effectively will be key to sustainable job creation.”
DBS Bank India has been operating in India for over three decades and serves businesses of all sizes across ~350 locations in 19 states.
First Published: Jun 27, 2025 4:19 PM IST