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    KOTAKBANK — Kotak Mahindra Bank News Story

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    Brief: Kotak Mahindra Bank To Acquire Deutsche Bank's Retail Banking, Private Banking And Wealth Management Business In India

    Picture of Kotak Mahindra Bank logoKotak Mahindra Bank
    30/06/2026 12:58
    BRIEF-Kotak Mahindra Bank To Acquire Deutsche Bank's Retail Banking, Private Banking And Wealth Management Business In India
    June 30 (Reuters) - DEUTSCHE BANK AG DBKGn.DE:
    • KOTAK MAHINDRA BANK TO ACQUIRE DEUTSCHE BANK'S RETAIL BANKING, PRIVATE BANKING AND WEALTH MANAGEMENT BUSINESS IN INDIA
    • CLOSING, INCLUDING ONBOARDING OF CUSTOMER RELATIONSHIPS, EMPLOYEES AND ASSOCIATED PRODUCTS, IS EXPECTED BY SEPTEMBER 2027
    • AT CLOSING, TRANSACTION IS EXPECTED TO BE ROE ACCRETIVE FOR KOTAK BANK AND CET1 ACCRETIVE FOR DEUTSCHE BANK
    Further company coverage: [DBKGn.DE]

     (Gdansk Newsroom)
     ((gdansk.newsroom@thomsonreuters.com; +48 587785269;))

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