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FRANKFURT (Reuters) - Deutsche Bank has ended talks to sell its Indian retail and wealth management business to private lender IndusInd Bank Ltd, two people with knowledge of the matter said on Tuesday.
The German bank is now considering retaining the business under its new chief executive, Christian Sewing, said the people, who spoke on condition of anonymity. They noted that a final decision has not yet been made.
The German lender sold its Indian mortgage business in 2010 and its asset management business five years later.
(Reporting by Andreas Framke; Writing by Tom Sims; Editing by Susan Fenton)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)