Kotak–Deutsche Bank India business acquisition
Follow the regulatory approval and subsequent milestones in Kotak Mahindra Bank's proposed acquisition of selected Deutsche Bank businesses in India.
1 updates
Developments
CCI approves Kotak's proposed acquisition of Deutsche Bank businesses in India
The Competition Commission of India said on 3 November that it approved Kotak Mahindra Bank's proposed acquisition of certain Deutsche Bank businesses and related transactions. The proposed transfer covers retail banking, private banking and wealth management operations in India, according to reporting by The Economic Times. Competition clearance is a regulatory milestone; it does not by itself establish that the transfer has closed.
This chronological record attributes developments to the linked sources. Reported results are not necessarily final or certified.