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الاقتصادية
Source: الاقتصادية
1 Dayالاقتصادية
Source: الاقتصادية
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The Competition Commission of India has approved Kotak Mahindra Bank’s acquisition of Deutsche Bank’s retail banking and wealth management businesses in India, in a deal valued at around $30 million. Announced in June, the deal is part of the German bank’s efforts to simplify its operations and redeploy capital, while strengthening Kotak Mahindra’s presence in the Indian market. It comes amid fierce competition from domestic banks and regulatory restrictions that limit the growth of foreign banks in India.
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