CCI Approves Kotak Mahindra Bank’s Acquisition of Deutsche Bank’s India Businesses
The Competition Commission of India approved Kotak Mahindra Bank’s acquisition of Deutsche Bank’s retail banking, private banking and wealth management businesses in India, clearing a regulatory hurdle.
Kotak Mahindra Bank has secured approval from the Competition Commission of India (CCI) to acquire Deutsche Bank’s retail banking, private banking and wealth management businesses in India, clearing a key regulatory hurdle for the transaction.In a post on X on Tuesday, the competition regulator sai…