India news: Kotak to buy Deutsche Bank retail operations
Key takeaways
- Kotak Mahindra Bank will take over the German bank's retail, private and weath portfolios in India while Deutche Bank will focus on ultra-high net worth clients.
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- The deal, announced on Tuesday, is for an undisclosed amount.
Why this matters: an international story with cross-border implications worth tracking.
Kotak Mahindra Bank will take over the German bank's retail, private and weath portfolios in India while Deutche Bank will focus on ultra-high net worth clients. Meanwhile, jet fuel prices have fallen. DW has more.
https://p.dw.com/p/5GLq VDeutsche Bank said it will now focus on ultra-high networth clients including non-residential Indians Image: Nasir Kachroo/Nur Photo/picture alliance Advertisement Skip next section What you need to know What you need to know Kotak Mahindra Bank to buy pieces of Deutche Bank's India business Commercial LPG prices, jet fuel prices cut amid lower global oil rates Private fuel retailer Nyara Energy cuts petrol, diesel prices Pakistan warns India against weaponsization of Indus Water Treaty Here's a roundup of the news coming out of India on Wednesday, July 1, 2026:
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