Picture Credit: Deutsche Bank
In a major boost to its Indian footprint, Deutsche Bank has announced a capital infusion of INR 5,113 crore ($607 million) to drive expansion across its India branches. The fresh funds, coupled with retained earnings, increase the bank’s regulatory capital in India to nearly INR 30,000 crore—a 33% jump from last year’s levels.
Tapping into India’s Rapidly Growing Market
India’s economy, expected to grow at 7.2% by March 2025, is becoming a key target for international banks looking to expand. Deutsche Bank is one of the latest global players to deepen its presence, citing India’s fast-paced growth and rising demand for banking solutions as key motivators for its investment.
“India is well positioned to benefit from many of today’s most important trends—reshaped supply chains, digitization, and global demographic changes,” said Alexander von zur Muehlen, CEO of Deutsche Bank for EMEA and Germany. “We see enormous potential for our deeply integrated, well-diversified business in India.”
Strategic Focus on Digital and Sustainable Finance
The bank aims to deploy the capital infusion across sectors like digital transformation, sustainable finance, and infrastructure development. This investment signals Deutsche Bank’s long-term commitment to India, where it has operated for nearly 45 years and grown to be one of the country’s largest foreign banks.
Kaushik Shaparia, CEO of Deutsche Bank India, underscored the significance of the capital increase, saying it validates the bank’s confidence in its Indian business model. “This incremental capital into our India franchise is a strong validation of confidence in our business model and potential in this country,” Shaparia said.
Largest Capital Injection in Recent Years
The bank confirmed that the increase in capital applies solely to its India branches, marking Deutsche Bank’s largest capital allocation to the country in recent history. The capital will support growth in corporate, investment, and private banking services as Deutsche Bank continues to expand its footprint in India’s booming market.
