Kotak Mahindra Bank Acquired Deutsche Bank India Retail Business: A Major ₹282 Crore Consolidation Deal

Kotak Mahindra Bank Acquired Deutsche Bank India Retail Business: A Major ₹282 Crore Consolidation Deal

On Tuesday, June 30, 2026, Kotak Mahindra Bank acquired Deutsche Bank India retail business for ₹282 crore in cash. This is a major deal in Indian banking that helps Kotak grow quickly while allowing Deutsche Bank to focus on its corporate global operations. Key Details of the Deal: What Kotak gets: ₹29,000 crore in loans, ₹16,000 … Read more