Deutsche Bank (DB.US) reportedly to sell Indian retail banking business to focus on profitability improvement
According to Jinse Finance APP, Deutsche Bank (DB.US) is considering selling its retail banking assets in India and has invited both domestic and overseas lenders to participate in the bidding, according to two sources. This makes the foreign bank the latest to consider reducing its operations in India. According to two people directly familiar with the matter, Deutsche Bank plans to fully divest its retail banking business in India, which covers 17 branches.
The bank has committed to making its retail business more profitable. In March this year, CEO Christian Sewing stated that the number of employees in its retail banking division would be reduced by nearly 2,000 by 2025, and the number of branches would be significantly decreased.
The sources said Deutsche Bank has set August 29 as the deadline for multiple banks to submit non-binding offers to acquire its retail assets in India. It is not yet clear what the specific details of any potential offers are. The bank's valuation of its Indian retail business has also not been clarified.
Relevant disclosures show that Deutsche Bank's retail banking business in India generated revenue of $278.3 million for the fiscal year ending March 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin's Bearish Momentum vs. Gold's Bullish Breakout: A Macro-Driven Reallocation in Late 2025
- In late 2025, Bitcoin faces bearish momentum while gold hits record highs, driven by institutional capital reallocation amid macroeconomic shifts and regulatory clarity. - Bitcoin’s 30% August correction to $75,000 and 3.68M BTC institutional accumulation highlight its equity-like volatility and susceptibility to Fed policy shifts. - Gold surges to $3,534/oz on 710 tonnes of central bank purchases and $19.2B ETF inflows, reinforcing its role as a safe-haven asset against inflation and geopolitical risks.
Ethereum ETFs Surpassing Bitcoin in Institutional Adoption: Why Ethereum is Now the Preferred Crypto Asset for Institutional Portfolios
- Ethereum ETFs outpaced Bitcoin in 2025 institutional inflows, driven by yield generation, regulatory clarity, and technological upgrades. - Ethereum’s 4.5–5.2% staking yields and CLARITY Act utility token reclassification attracted risk-averse investors over Bitcoin’s speculative profile. - Dencun/Pectra upgrades reduced gas fees by 94%, boosting Ethereum’s DeFi TVL to $223B and enabling a 60% portfolio allocation to Ethereum-based products. - Ethereum derivatives open interest surged to $132.6B (vs. Bit
The Dollar's Decline and the Rise of Digital and Physical Safe Havens
- U.S. dollar's share in central bank reserves fell to 57.74% in Q1 2025 from 71% in 2001, driven by diversification into gold and digital assets. - Central banks purchased 166 tonnes of gold in Q2 2025, with 76% expecting increased gold holdings by 2030 as geopolitical hedging strategy. - CBDCs and cryptocurrencies are reshaping portfolios, with BRICS digital systems challenging dollar dominance while U.S. stablecoins counter de-dollarization. - Investors now prioritize green bonds, emerging markets, and
Bitcoin News Today: Bitcoin at Crossroads: Red September, Fed Moves, and Halving Weigh on Market Fate
- Bitcoin trades near $108,500 amid bearish short-term momentum despite 2025 all-time highs above $120,000. - Technical indicators show oversold RSI below 30, but falling trend channels and key support at $101,300 signal negative near-term outlook. - "Red September" history, Fed rate cut expectations, and $751M ETF outflows heighten volatility risks as whale accumulation accelerates. - Long-term holders maintain confidence with declining exchange reserves, while halving anticipation and sub-cycle NVT metri
Trending news
MoreCrypto prices
More
