Kotak Nears Rs 45 Billion Deal for Deutsche Bank India Retail

27 Mar 2026 CW Team

Kotak Mahindra Bank is reported to be nearing an agreement to acquire Deutsche Bank's India retail business for about Rs 45 billion (Rs 45 bn), according to a Moneycontrol report. The reported figure reflects a conversion from an original sum stated in crore and would mark a notable transaction in the domestic banking sector. The discussions are said to concern the transfer of retail operations in India from Deutsche Bank to Kotak Mahindra.

The transaction is expected to cover customer relationships, branch operations and retail banking services, and will aim to bolster Kotak Mahindra's presence in key urban markets. Integration plans are likely to address systems, staff and product portfolios to ensure continuity of services for customers. Regulatory approvals and due diligence processes are anticipated to be significant steps before any definitive agreement is signed.

Market analysts suggest that such an acquisition would allow Kotak Mahindra to scale its retail franchise and access additional deposit and loan portfolios, although precise benefits will depend on the final structure of the deal. The reported size of the transaction positions it among substantial strategic moves in recent years within the banking industry. Financial terms, timing and any contingent liabilities remain subject to confirmation as parties progress in talks.

Both banks are expected to engage with regulators and stakeholders to secure necessary clearances and to outline integration timelines. Finalisation of the transaction will be contingent on satisfactory completion of due diligence and receipt of approvals. Investors and customers will watch for official statements from Kotak Mahindra and Deutsche Bank as the process advances. The report indicates that the parties are in advanced discussions but that a formal announcement has not yet been made.

Infrastructure Transport

27 Mar 2026

Noida Emerges as Key Economic Hub: Cushman Report

Cushman & Wakefield’s recent report, Noida Runway for Growth, highlights the city’s emergence as a major economic and real estate hub contributing nearly 10 per cent to Uttar Pradesh’s GSDP. A key driver is the upcoming Noida International Airport, which will be inaugurated by Prime Minister Narendra Modi on March 28 in Gautam Buddha Nagar's Jewar. The project is set to enhance connectivity and reshape the region’s economic and real estate landscape. Noida’s office market has expanded to 43.4 million sq ft, including 26.6 million sq ft of Grade A+ assets, with a 40 per cent..

Bent Collective Unveils Sculptural Ravon Chair

Bent Collective has recently introduced the Ravon Chair, a striking design piece that redefines the intersection of art and functionality. Characterised by sharp geometry, bold angles, and a vivid marbled finish, the chair stands out as a sculptural element rather than conventional seating.Designed with a strong architectural language, the Ravon Chair features clean lines and intersecting planes that create a dynamic silhouette. Its distinctive triangular cut-out detail enhances depth and asymmetry, allowing light and shadow to interact across its surface. Finished in a rich red marbled patter..

DP World Opens Golf Clubhouse in Gurugram

DP World has delivered a permanent clubhouse to ZEN Golf Range & Academy in Gurugram, strengthening grassroots golf development in India ahead of the Hero Indian Open. The facility marks the second under its global clubhouse programme, following the first in Cape Town in 2025.Constructed using a repurposed shipping container, the clubhouse provides golf equipment, sheltered training areas, and a dedicated space for young players to build both sporting and life skills. The initiative aligns with DP World’s broader commitment to community development across its global operations.India cont..