Deutsche Bank infuses Rs 625cr in Indian ops

Deutsche Bank infuses Rs 625cr in Indian ops

BS Reporter / Mumbai April 25, 2007

Deutsche Bank has infused Rs 625 crore capital in its Indian operations. This is the second tranche of a Rs 1,125 crore capital infusion programme, with the first tranche of Rs 500 crore being remitted in December 2006.

With this capital infusion, the capital funds of Deutsche Bank India will be about Rs 2,400 crore.

Gunit Chadha, MD & CEO, Deutsche Bank, India said: "The large capital infusion program is a reiteration of India being a global priority market for us and a clear indicator to the bank