Kotak Bank set to acquire Deutsche's retail business in Rs 4,500-crore deal

(0)
News

Kotak Mahindra Bank is poised to acquire Deutsche Bank’s India retail business for approximately Rs 4,500 crore, becoming the preferred buyer. The deal, expected next week, includes a retail loan and deposit book of Rs 27,000 crore, strengthening Kotak’s franchise and aligning with Deutsche Bank’s global strategy.

Leave a Reply Cancel reply

JDA and capital gains: What happens when family members co-own property
When a property is settled among family members before a joint development deal, can capital gains be fully exempt if each retains a flat? Here’s how Sections 82 and 86 apply.
Home loan after 60: 5 ways pensioners can boost credit score, improve approval chances
Improving credit score after 60 can ease home loan approvals, with simple steps like timely repayments, and joint applications helping pensioners secure better loan terms and rates. This can be accomplished successfully, with proper planning and guidance from a certified financial advisor. 
Achieve FY27 personal finance goals: Here's a month-by-month guide to beat deadlines, manage taxes and investments
A structured personal finance plan for FY27 helps manage taxes, investments and spending with ease, ensuring disciplined money management, timely compliance and steady long-term financial growth.
The unplanned expense in your 50s: Paying for ageing parents’ care
Geriatric care mainly has two recurring expenses: round the clock care and medical costs. 
Bank locker loss? Why RBI rules have capped the compensation limit — Explained
Banks provide locker holders compensation fixed at 100 times the annual locker rent in case of loss, Finance Minister Nirmala Sitharaman said while replying to a question in the Lok Sabha.
War or no war, the fundamentals of investing remain unchanged: Sanjay Grover of Baroda BNP Paribas Mutual Fund
For long-term investors, staggered investments through diversified equity funds remain a prudent way to navigate volatility, says Sanjay Grover, MD and CEO, Baroda BNP Paribas Mutual Fund.
What are FD-backed credit cards? Are they worth it? Benefits, risks and best options
FD-backed credit cards offer a simple way to build a credit score using fixed deposits, with easy approval, steady interest earnings, and manageable risks when used responsibly and strategically. Here is a list of the top credit cards against fixed deposits in 2026.
How FCNR accounts offer safe, stable returns for NRIs — key features explained
FCNR accounts allow NRIs to invest in foreign currencies, offering tax-exempt interest in India. Loans against these deposits are available, but restrictions apply. Interest rates are competitive, and deposits are fully repatriable, making them a secure investment option.
7 personal finance rules you can't ignore to make your FY27 successful
Master personal finance rules to make FY27 successful by tracking spending, managing debt, building emergency funds, investing smartly, reviewing insurance, automating savings and planning taxes efficiently.
From company cars to interest-free loans: CA explains what’s changing for salaried employees from April 1
According to an X post by CA Nitin Kaushik, who claims to be an expert in tax and financing, the new Income Tax Rules will to some extent shrink your take-home salary.

Kotak Bank set to acquire Deutsche's retail business in Rs 4,500-crore deal

Leave a Comment

Leave a Reply Cancel reply