BusinessPhoto: Hindu BusinessKotak Mahindra Bank Acquires Deutsche Bank's India Retail Business
Kotak Mahindra Bank agreed on July 1, 2026, to acquire Deutsche Bank's retail banking, affluent private banking, and wealth management business in India for ₹281 crore. This deal strengthens Kotak's retail and wealth management segments. Deutsche Bank will now focus on institutional and corporate banking. The acquisition includes services for 1,50,000 customers and about 1,000 employees.
Hindu Business·


