Deutsche Bank to bolster Indian team amid global cuts

Pedro Gonçalves
clock • 1 min read

Deutsche Bank is set to hire around 140 people in India as it moves its focus to retail banking and wealth management, according to a report by Bloomberg. India is considered a growth market for the organisation, which has also been the most profitable Asian market in FY18. The Indian retail banking franchise received $520m capital injection earlier this year. "Plans are on for aggressive growth, and we have been assured that capital is not going to be a concern," Amit Bhatia, head of private and commercial clients in India said in an interview to Bloomberg. ""The India franchise i...

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