CCI Clears Kotak Mahindra Bank’s Deutsche Retail Deal, Approves KKR-Backed Gentari Investment
India’s competition regulator has approved Kotak Mahindra Bank’s acquisition of Deutsche Bank’s retail and wealth management business in India, clearing a key regulatory hurdle for a transaction that will expand Kotak’s consumer banking footprint. The Competition Commission of India also cleared a KKR-backed investment vehicle’s proposed subscription to securities of Gentari Renewables India, underscoring continued deal activity in financial services and clean energy.
