History of Deutsche Bank in India

Show content of 1870

1870_historyDeutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets.

Show content of 1874

Negotiations of Deutsche Bank with the German government on issuing a silver loan for India

Show content of 1889

1889_db_his_dab89Foundation 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.

Show content of 1896

1896_db_his_ind96Deutsch-Asiatische Bank opened its first branch for India in Calcutta (now Kolkata).

Show content of 1914

The Calcutta branch closed due to the beginning of World War I.

Show content of 1956

1956_db_his_primeInd56Later spokesman of Deutsche Bank’s Management Board Hermann J. Abs met the prime minister of India Jawaharlal Nehru during his visit in Germany.

Show content of 1972

1972_db_his_eab72Deutsch-Asiatische Bank and its branches were integrated into the newly founded European Asian Bank.

Show content of 1980

1980_Bombay_Branch_Juni_1990European Asian Bank opened its first branch for India in Bombay (now Mumbai).

Show content of 1986

1986_db_his_eab86European Asian Bank became Deutsche Bank (Asia).

Show content of 1988

1988_db_his_dbamumbai88Deutsche 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. The Mumbai branch began to operate under the name of Deutsche Bank AG. Since 1994 the branch has been located in the former Tata Palace.

Show content of 1989

1989_db_his_delhi89Deutsche Bank opened a branch in India’s capital New Delhi.

Show content of 1990

1990_db_his_bangalore90DB Finance India, a joint-venture financial services company between Deutsche Bank and Unilever, was established in Bangalore.

Show content of 1994

1994_db_his_bangalore94Deutsche Bank opened a branch in Bangalore.

Show content of 1996

Deutsche Bank opened a branch in Kolkata.

Show content of 2003

Deutsche Bank started Privated Wealth Management (PWM) in India.

Show content of 2005

2005_db_his_india05Deutsche Bank launched its Private & Business Clients (PBC) activities in India.

Show content of 2006

2006_db_his_creditIndia06Deutsche Bank launched credit cards in India.

DWS started its activities in India.

Show content of 2007

2007_db_his_Aurangabad07New PBC branches in Aurangabad and Kolhapur.

Show content of 2008

Deutsche Bank launched its global alternative investment management business in India (RREEF).