Archive · 1 Sep 2025

Deutsche Bank Plans to Exit Indian Retail Banking

Deutsche Bank Plans to Exit Indian Retail Banking

Deutsche Bank is planning to sell its retail banking business in India.

This includes 17 branches.

They are looking for another company to take over services for individual customers.

Deutsche Bank wants to make its retail business more profitable.

The bank has set an August 29 deadline for bids.

Other foreign banks like Citi and Standard Chartered have struggled to expand their retail operations in India.

Deutsche Bank entered India in the early 1980s and employs over 22,000 people there.

Deutsche Bank tried to sell the business in 2017 but shelved the plan.

Sources