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    ALPHA TRIBE

    Kotak Mahindra Bank Limited — Important, 30-06-2026: Updates

    30-06-2026 | 05:21 pm

    Kotak Mahindra Bank acquires Deutsche Bank's India retail, private, and wealth management business for ~Rs 281.7 Cr. This strategic deal adds ~Rs 29,000 Cr in advances, ~Rs 16,000 Cr deposits, and ~Rs 10,500 Cr AUM, significantly boosting its affluent & SME franchise. Expected to be ROE accretive.

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