Kotak Mahindra Bank Evaluates Acquisition of Deutsche Bank's Indian Retail Unit
Kotak Mahindra Bank is considering the acquisition of Deutsche Bank’s retail business in India, while confirming it has ruled out pursuing IDBI Bank due to valuation and scale concerns. The bank emphasized that any potential acquisitions must meet strategic fit, financial viability, and execution capacity criteria.
Tickers: $DB
Topics: acquisition banking Deutsche Bank India