Nov. 21 at 4:18 PM
$DB exploring a potential exit in India — what's the strategy? 🤔
Deutsche Bank is considering selling its India retail and wealth unit, including 17 branches and
$2.8B in assets, to streamline its global operations. Kotak Mahindra Bank and Federal Bank have shown initial interest in the portfolio. This aligns with their "Global Hausbank" strategy to focus on scalable, profitable markets. 📈
Discover the implications for DB's future growth here 👉 https://www.zacks.com/stock/news/2794299/deutsche-bank-intends-to-divest-indian-retail-and-wealth-unit?cid=sm-stocktwits-2-2794299-body-22053&ADID=SYND_STOCKTWITS_TWEET_2_2794299_BODY_22053