Is Deutsche Bank Selling Its India Retail Banking Business?

Simran

Deutsche Bank exploring sale of India retail arm with 17 branches and wealth assets.

Non-binding bids were invited by August 29, 2025 from domestic and foreign banks.

Retail business earned about $278.3 million in FY25 from India operations.

Move aligns with global plan to cut ~2,000 retail jobs and reduce branches.

Foreign banks like Citi, Standard Chartered already scaled back in India’s tough retail market.

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