Deutsche Bank to transfer credit card business in India to IndusInd Bank
(Source: Datamonitor) Deutsche Bank has signed an agreement to transfer its credit card business in India for IndusInd Bank.Prashant Joshi, Head of Private & Business Clients, India, said: "Our agreement with IndusInd Bank is in line with our commitment to grow our retail banking business in India around our core strengths of deposits, the management property, and secured loans.
"Deutsche Bank has a growing franchise retail customers in India with high quality.We are committed to fulfilling our construction industry successful strategy in India, where we have 15 branches currently and will increase again this time this year. "
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