Deutsche Bank, a German financial sector is focusing mainly on personal and corporate banking segments showing massive growth potential in state of Maharashtra.
Deutsche Bank, on Monday, opened its 13th branch in India with an aim to attract German companies and major Indian corporates based in western Maharashtra region.
Addressing the reporters before the launch, Deutsche Bank India CEO Gunit Chadha said, “Even if the global financial services sector is experiencing turmoil, we continue to grow in India, which is our biggest market in Asia. Our focus remains on personal and corporate banking, which are among the largest segments for us.”
Currently Deutsche Bank is having a capital of Rs 6,900 crore though it is doing a business of Rs 23,000 crore within India. The bank is already having two branches in Mumbai carrying out operations each in Aurangabad and Kolhapur in Maharashtra.
“Maharashtra is a crucial state for us and we will continue to grow here. Pune is a crucial city considering the industrial belt it has around and a strong presence of German companies in this region,” he added.
The bank is having more than 3,000 employees in India and carrying out operations in cities like Mumbai, Delhi, Bangalore, Chennai, Kolkata, Gurgaon, Noida, Aurangabad, Kolhapur and Pune.
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