Deutsche Bank injects €571m to support India growth plans

It boosts the bank’s regulatory capital by 33% YoY.

Deutsche Bank has injected $613.13m (€571m) into its India branch operations to support growth initiatives across the country.

This capital infusion, alongside retained earnings and other statutory reserves, raises Deutsche Bank AG's regulatory capital in India to nearly INR30,000 crore—a 33% increase over 2023 levels.

Alexander von zur Muehlen, Deutsche Bank chief executive officer for Asia Pacific, EMEA, and Germany, highlighted India’s potential to benefit from global trends, such as shifting supply chains, industrial digitization, and demographic changes.

“Consequently, we see enormous potential for our deeply integrated, well diversified business in India. We have boosted our capital allocation in India to enable our expansion and further deepen our presence in this critical growth market,” Muehlen said.

The capital increase will support Deutsche Bank's India operations across Corporate Banking, Investment Banking, and Private Banking.

($1.00 = €0.93)

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