Rajat Verma

Group Management Committee

DBS India

Managing Director and CEO

Rajat Verma has been the Chief Executive Officer of DBS Bank India since March 2025. He is a member of the Group Management Committee.

Within his first year as CEO, DBS Bank India was recognised by CRISIL - Coalition Greenwich as the Best Bank for Corporate Banking and Best Bank for Corporate Cash Management in India. In 2025, Euromoney also named DBS the Best Digital Bank for SMEs in India.

Rajat joined DBS as the Head of Institutional Banking for India in June 2023 and grew the business significantly across all client segments, deepening large corporate relationships across major conglomerates and expanding the SME franchise.

A seasoned banker, Rajat has a 28-year track record across consumer and corporate banking including transactional banking, financial institutions, sustainable finance, micro and SME banking, as well as branch banking. Prior to joining DBS, Rajat had a very successful career in HSBC India, where he built experience across businesses, holding pan-India responsibilities since 2008. He ended his tenure there as Managing Director and Country Head of Commercial Banking, HSBC India, a role he held from 2016 to 2022.

Rajat holds an MBA from the Indian Institute of Management, Lucknow, and a Bachelor of Electrical Engineering degree from the Delhi College of Engineering. Executive Photos

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Rajat Verma

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