Kotak – Deutsche Bank deal gets CCI nod
The Competition Commission of India (CCI) on Tuesday approved Kotak Mahindra Bank Limited’s proposed acquisition of Deutsche Bank AG's retail banking, private banking and wealth management businesses in…
Attributed summary
The Competition Commission of India (CCI) on Tuesday approved Kotak Mahindra Bank Limited’s proposed acquisition of Deutsche Bank AG's retail banking, private banking and wealth management businesses in India.The proposed transaction also includes referral arrangements between the parties through their affiliates, it said in a release.Earlier in June this year, Kotak Mahindra Bank and Deutsche…
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