Deutsche Bank offers corporate, investment, private and retail banking in India through a branch network spread across 16 cities. Its subsidiary Deutsche India runs global capability centres that handle technology, operations and corporate functions for the group.
Ownership and structure
Deutsche Bank operates in India through branches of Deutsche Bank AG and its wholly owned capability centre company Deutsche India Pvt. Ltd.
What India does for Deutsche Bank
India is a banking market for Deutsche Bank through 17 branches and a major capability centre base employing most of its more than 24,000 India staff.
Deutsche Bank's India business
Deutsche Bank opened its first India branch in 1980. It runs 17 branches in 16 cities, with two in Mumbai.
The bank employed over 24,000 people in India as of August 2025. Deutsche India Pvt. Ltd. Runs global capability centres in Bengaluru, Jaipur, Mumbai and Pune.
The bank set up an IFSC Banking Unit in GIFT City in July 2022.
Key moves in India
- 1980: Deutsche Bank opened its first branch in India.
- 2006: Deutsche India Pvt. Ltd., formerly DBOI Global Services, was established as a global capability centre.
- 2022: The bank set up an IFSC Banking Unit in GIFT City in July.
- 2023: Deutsche CIB Centre India merged into Deutsche India Pvt. Ltd. on March 31.
- 2025: The bank employed over 24,000 people in India as of August.
Where it operates
Deutsche Bank runs its India business from Mumbai. It also has a presence in Bengaluru, Pune, Jaipur, New Delhi, Chennai, Kolkata, Ahmedabad, Gurugram, Noida and GIFT City.
At a glance
- Home country: Germany
- Global headquarters: Frankfurt
- Sector: Banking & Financial Services
- Business: Banking
- Role of India: Sales market, Global delivery and operations, Financial services franchise
- India entity: Deutsche Bank AG, India
- India head office: Mumbai
- India offices: Mumbai, Bengaluru, Pune, Jaipur, New Delhi, Chennai, Kolkata, Ahmedabad, Gurugram, Noida, GIFT City
- India headcount: 24,000+ (2025)
- In India since: 1980
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