Published by Global Banking & Finance Review®
Posted on September 1, 2025
2 min readLast updated: January 22, 2026
Add as preferred source on GoogleDeutsche Bank is considering selling its Indian retail banking assets, inviting bids from domestic and foreign lenders. This move aligns with its strategy to enhance profitability.
By Aditya Kalra and Tom Sims
NEW DELHI/FRANKFURT (Reuters) -Deutsche Bank is exploring the sale of its Indian retail banking assets and has invited bids from domestic and foreign lenders in the country, two sources told Reuters, making it the latest foreign bank to consider trimming its bets on India.
The Germany-based bank has pledged to make its retail business more profitable. In March, CEO Christian Sewing said headcount at its retail bank will be cut by almost 2,000 people in 2025, with a "significant" reduction in branch numbers.
In India, Deutsche wants to completely sell its retail banking business, which spans 17 branches, according to the two sources with direct knowledge of the matter, who declined to be named as the discussions are private.
A Deutsche Bank spokesperson said it does not "comment on rumours or market speculation".
The sources said Deutsche had set an August 29 deadline for non-binding bids from several banks for its retail India assets. Details of any potential bids received were not immediately clear.
The valuation the bank is seeking for its India retail business was also not immediately clear.
(Reporting by Aditya Kalra and Tom Sims; Editing by Jan Harvey)
Deutsche Bank is exploring the sale of its Indian retail banking assets and has invited bids from both domestic and foreign lenders.
Deutsche Bank's retail banking business in India spans 17 branches.
Deutsche Bank plans to cut almost 2,000 jobs in its retail bank by 2025 as part of its strategy to make the business more profitable.
Deutsche Bank has set an August 29 deadline for non-binding bids from various banks interested in its retail assets in India.
A Deutsche Bank spokesperson stated that the bank does not comment on rumors or market speculation.
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