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Deutsche Bank India FY19 net up 32% to Rs 1,199 cr, income rises 21%

Its total income came in at Rs 6,891 crore in FY19, a 21 per cent increase over Rs 5,716 crore during the year ended March 2018

Deutsche Bank Photo: Reuters
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Deutsche Bank increased the capital in India’s branches by ~3,846 crore to support its growth momentum, taking the total capital invested in the country’s branches to Rs 15,533 crore

Abhijit Lele Mumbai
Deutsche Bank’s India branch operations have posted a 32 per cent growth in net profit at Rs 1,199 crore in year ended March 2019 (FY19) against Rs 910 crore in the year-ago period. 

Its total income came in at Rs 6,891 crore in FY19, a 21 per cent increase over Rs 5,716 crore during the year ended March 2018.

The results cover the performance of  17 India branches of Deutsche Bank and do not include results of other Deutsche Bank Group entities in the country.

During the year under review, Deutsche Bank increased the capital in its India  branches by