Tech jobs! DBS Bank plans to hire 1,000 more techies at tech hub in Hyderabad

DBS Bank Indiais looking to hire around 1,000 more technology engineers for its technology centre ‘DBS Asia Hub 2’ here over the next 24 months, a top official said here Tuesday. The DBS Group had established a technology hub DBS Asia Hub 2 in Hyderabad in 2016, the group’s largest technology and operations hub outside of Singapore. The Singaporean lender is the largest foreign bank to become a fully-owned local subsidiary.

“The hub has about 2,000 engineers building smartest solutions, 1,200 software engineers and developers work with DBS and about 800 who work with partners and build our technology products. We expect to grow it to 3,000 over the next 24 months,” DBS Bank India chief executive Surojit Shome told reporters after launching its first branch in Hyderabad. He said they expect the bank’s balance sheet to grow by three times in the next five years from the current Rs 50,000 crore.