Kotak Mahindra Bank won CCI clearance to buy Deutsche Bank's India retail, private banking and wealth management businesses.
Company news · Finvezto · 3 Nov 2026 · Kotak Mahindra Bank (KOTAKBANK)
What happened
Kotak Mahindra Bank won CCI clearance to buy Deutsche Bank's India retail, private banking and wealth management businesses. Source: Stock note
Why it matters
Anand Ganapathy K: The cash price is Rs 281.7 crore for a going-concern slump sale covering 16 of Deutsche's 17 branches and about 1,000 staff. Other approvals are still needed. Source: Stock note
Links
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.