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

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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.

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

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