Prakash Jaiswal has been appointed Managing Director & India Head of SME Banking at DBS Bank, effective March 2026. Based in Mumbai, he will lead the strategic growth, digital transformation, and market expansion of the bank’s Small and Medium Enterprise (SME) business in India.
In this role, Prakash will focus on strengthening DBS Bank’s value proposition for mid-sized and emerging businesses by leveraging its digital banking capabilities to deliver innovative solutions across lending, trade finance, and cash management. His mandate includes driving market penetration, enhancing customer experience, and building scalable SME banking platforms aligned with evolving business needs.
Prakash Jaiswal brings over 26 years of experience in corporate and commercial banking. Prior to joining DBS Bank, he served as President & Head of Corporate Banking at SBM Bank (India), where he led corporate banking strategy and business growth initiatives.
Earlier, he spent more than 14 years at HSBC, where he held multiple leadership roles, including Managing Director and Country Head of Business Banking (SME). During his tenure, he led SME banking operations, mid-market enterprise strategy, and financial crime risk remediation initiatives, while driving growth across key markets.
His career also includes leadership roles at Yes Bank, ICICI Bank, and Export-Import Bank of India, building deep expertise across corporate banking, risk management, and enterprise strategy. A Chartered Accountant by qualification, he combines strong financial acumen with extensive industry experience.
With this appointment, Prakash Jaiswal brings strategic vision, deep domain expertise, and leadership experience to strengthen DBS Bank’s SME banking franchise in India and drive its next phase of growth.
