Overview

• Reuters-reported sources say Deutsche Bank invited non-binding bids for its India retail assets, with an August 29 deadline.
• The potential divestment would cover the entire retail operation, which is run through 17 branches in the country.
• Talks are described as early and uncertain, and a Deutsche Bank India spokesperson declined to comment on what was termed market speculation.
• The lender reported $278.3 million in retail banking revenue from India for the year to March 2025, with no valuation guidance disclosed.
• India remains a key hub for the bank, generating about $1 billion in net revenue in 2024 and employing more than 22,000 staff, as peers such as Citi and Standard Chartered have pared back local retail exposure.