Kotak Mahindra Bank Nears ₹4,500 Cr Deal to Acquire Deutsche Bank's India Retail Business
Published on: March 23, 2026, 3:14 p.m. | Source: Outlook Business
Kotak Mahindra Bank is on the verge of acquiring Deutsche Bank's India retail business for ₹4,500 crore, expanding its consumer banking footprint. The deal, expected to be finalized soon, includes a retail loan and deposit book of ₹27,000 crore, enhancing Kotak's presence in the MSME and wealth management sectors.
