Deutsche Bank AG, Germany’s leading financial institution, announced that it has infused Rs 5,110 crore (approximately $650 million) into its India operations to bolster its growth initiatives. This capital injection, combined with retained earnings and other statutory components, has raised Deutsche Bank India’s total capital base to nearly Rs 30,000 crore — marking a 33% increase over last year.
The move comes amid a robust economic outlook for India, which is projected to grow at a rate of 7.2% in the financial year ending March 2025, the fastest pace among major global markets. This strong economic growth has drawn foreign lenders, including Deutsche Bank, to expand their presence in the country.
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It provides corporate, investment, and private banking services in India, aims to utilize this capital infusion to further expand its operations across its various business lines in the Indian market.
“We see enormous potential for our deeply integrated, well-diversified business in India,” remarked Alexander von zur Muehlen, CEO of Deutsche Bank EMEA and Germany.
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