DB to Exit India Retail Unit in Strategic Pivot to Core Operations

Key Takeaways Deutsche Bank to sell India retail unit to Kotak Mahindra Bank for $480.3M.DB plan to exit retail business aligns with it efforts to focus on capital-light, core global businesses.Core units like corporate and private banking made up 67.5% of revenues in 2025.Deutsche Bank AG’s (DB) India retail business is set to be acquired by Kotak Mahindra Bank in a deal estimated at $480.3 million, according to a Reuters article published on MSN.The reported deal, under which Kotak Mahindra Bank is expect ...