(Reuters) -Germany-based Deutsche Bank AG said on Wednesday that it had infused 51.13 billion rupees ($607.50 million) into its Indian operations to fund growth plans. These funds, along with retained earnings and other statutory components,

Mumbai: Deutsche Bank on Wednesday announced a fresh capital infusion of Rs 5,113 crore into its India operations—the largest allocation in recent years, media reports said.

GERMANY-BASED Deutsche Bank said on Wednesday (Oct 6) that it had infused 51.1 billion rupees (S$807 million) into its Indian operations to fund growth plans. Read more at The Business Times.

German lender Deutsche Bank has announced the infusion of an additional Rs 5,113 crore to bolster its India operations.

Deutsche Bank invests ₹5,113 crore in India operations, focusing on growth in digital transformation and sustainable finance.

Germany-based Deutsche Bank AG said on Wednesday that it had infused 51.13 billion rupees ($607.50 million) into its Indian operations to fund growth plans.

Deutsche Bank has invested Rs 5,113 crore in its India operations, marking a significant capital boost for corporate and investment banking.

Deutsche Bank AG made its largest capital allocation to India in recent years by increasing its regulatory capital 33% to 300 billion rupees ($3.56 billion) from 2023, as it bets on the growth potential of the world’s most populous nation.

The bank affirmed its commitment to support India's growth, especially in areas such as digital transformation, sustainable finance, technology and infrastructure development.