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