Deutsche Bank infuses Rs 5,113 cr into India operations for expansion

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Deutsche Bank infuses Rs 5,113 cr into India operations for expansion - Business Standard

Quick Summary:

This is the largest capital allocation to India in recent years and will be used for expanding across business lines, including corporate banking, investment banking and private banking, according to a Deutsche Bank's statement.

The lender has been present in India for the last 45 years and the balance sheet size stood at Rs 1.45 lakh crore as of March 31, 2024, making it one of the largest foreign banks in the country.

German lender Deutsche Bank on Wednesday announced that it has infused an additional capital of Rs 5,113 crore into its India operations.