History of Deutsche Bank in India
Show content of 1870
Deutsche 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
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.
Show content of 1896
Deutsch-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
Later 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
Deutsch-Asiatische Bank and its branches were integrated into the newly founded European Asian Bank.
Show content of 1980
European Asian Bank opened its first branch for India in Bombay (now Mumbai).
Show content of 1986
European Asian Bank became Deutsche Bank (Asia).
Show content of 1988
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. 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
Deutsche Bank opened a branch in India’s capital New Delhi.
Show content of 1990
DB Finance India, a joint-venture financial services company between Deutsche Bank and Unilever, was established in Bangalore.
Show content of 1994
Deutsche 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
Deutsche Bank launched its Private & Business Clients (PBC) activities in India.
Show content of 2006
Deutsche Bank launched credit cards in India.
DWS started its activities in India.
Show content of 2007
New PBC branches in Aurangabad and Kolhapur.
Show content of 2008
Deutsche Bank launched its global alternative investment management business in India (RREEF).