CCI Approves Kotak Mahindra Bank's $30-Million Deal To Acquire Deutsche Bank's India Businesses

Published 03 Nov 2026, 20:50 IST

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Kotak Mahindra Bank Limited has received approval from the Competition Commission of India for its acquisition. This acquisition involves Deutsche Bank AG's retail, private banking, and wealth management businesses in India. The deal includes significant assets like loans and deposits, benefiting…

— The Economic Times

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For Deutsche Bank, the sale forms part of its broader effort to simplify operations and redeploy capital.

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NDTV Center-Right Adani Group (AMG Media) Current article 03 Nov 2026, 20:50 IST

CCI Approves Kotak Mahindra Bank's $30-Million Deal To Acquire Deutsche Bank's India Businesses

For Deutsche Bank, the sale forms part of its broader effort to simplify operations and redeploy capital.

Read full article at NDTV ↗

The Economic Times Center-Right Bennett, Coleman & Co. 03 Nov 2026, 21:18 IST

CCI clears Kotak-Deutsche deal, KKR vehicle's Gentari investment

Kotak Mahindra Bank has received approval for the acquisition of Deutsche Bank's retail and wealth management business. The acquisition will take place on a slump sale basis from Deutsche Bank's branches in India. This business includes services such as deposits, loans, investments, insurance, and…

Compare on Varta → Read at The Economic Times ↗