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Deutsche Bank ends talks over sale of India business - sources

Reuters  |  FRANKFURT 

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.A Deutsche Bank spokesman declined to comment. Bloomberg first reported the news earlier on Tuesday. Deutsche Bank has been active in India since the beginning of the 1980s. It ...

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First Published: Tue, April 17 2018. 17:26 IST