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Deutsche Bank’s $2.5 billion India retail assets draw final bids
MINT· 2026-01-12 07:21
(Bloomberg) -- Deutsche Bank AG’s India retail assets and wealth management have drawn binding bids from Kotak Mahindra Bank Ltd. and Federal Bank Ltd., according to people familiar with the matter, as the local lenders pounce on opportunities from foreign players seeking to exit the crowded banking market.The suitors are in advanced discussions with Deutsche Bank for the assets, which are estimated to have a book size of at least $2.5 billion, the people said, asking not to be identified because the talks ...