History of Deutsche Bank in India
Deutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets.
Negotiations of Deutsche Bank with the German government on issuing a silver loan for India.
Foundation of Deutsch-Asiatische Bank in Berlin – as a special institution for the East Asian market – by a German bank syndicate led by Disconto-Gesellschaft and Deutsche Bank.
Deutsch-Asiatische Bank opened its first branch for India in Calcutta (now Kolkata).
The Calcutta branch closed due to the beginning of World War I.
Later spokesman of Deutsche Bank’s Management Board Hermann J. Abs met the prime minister of India Jawaharlal Nehru during his visit in Germany.
Deutsch-Asiatische Bank and its branches were integrated into the newly founded European Asian Bank.
European Asian Bank opened its branch for Sri Lanka in Colombo, and its first branch for India in Bombay (now Mumbai).
European Asian Bank became Deutsche Bank (Asia).
Deutsche Bank (Asia) was merged into Deutsche Bank AG. The management of the Asia business was relocated from Hamburg to the regional head office in Singapore.
Deutsche Bank opened a branch in India’s capital New Delhi.
DB Finance India, a joint-venture financial services company between Deutsche Bank and Unilever, was established in Bangalore.
Deutsche Bank opened a branch in Bangalore.
Deutsche Bank opened a branch in Kolkata.
Deutsche Bank started Privated Wealth Management (PWM) in India.
Deutsche Bank launched its Private & Business Clients (PBC) activities in India.
Deutsche Bank launched credit cards in India.
DWS started its activities in India.
New PBC branches in Aurangabad and Kolhapur.
Deutsche Bank launched its global alternative investment management business in India (RREEF).
