M&A Critique
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Kotak-Deutsche Bank Deal: Whether retreat by global capital or strategic shift?

Kotak Mahindra Bank announced it is buying Deutsche Bank’s retail banking, affluent private banking and wealth management business in India. The deal covers roughly ₹29,000 crore in loans, ₹16,000 crore in deposits, ₹10,500 crore in assets under management, and around 150,000 customers, built over more than four decades of Deutsche Bank’s presence in the country.

Within hours, the f...

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Haresh Shah