fintech / news / / Times of India
Kotak Mahindra Bank confirmed that it is looking at Deutsche Bank’s retail business.
Kotak Mahindra Bank confirmed it is evaluating Deutsche Bank’s retail business for potential acquisition.
KEY POINTS
- Kotak has exited the IDBI Bank acquisition process due to high valuation concerns.
- MD & CEO Ashok Vaswani outlined strategic fit, financial viability, and execution manageability as deal filters.
- The Indian government is reconsidering the process for selling its stake in IDBI Bank with LIC’s portion.
COMPANIES
Summarized by Newsio from Times of India. How we summarize →