Mumbai, July 2 -- Kotak Mahindra Bank's acquisition of Deutsche Bank's retail, private banking and wealth management business in India marks the latest extension of the private lender's decade-long inorganic growth strategy.

These deals have ranged from loan pool purchases to full business acquisitions. Starting with merging ING Vysya Bank with itself in April 2015, Kotak went on to acquire BSS Microfinance in September 2016 and Sonata Finance in March 2024. More recently, it bought Standard Chartered Bank's personal loan portfolio worth Rs.3,330 crore in January 2025.

Kotak bank's loan book or customer assets have swelled from Rs.71,693 crore as of March 2014 to Rs.5.4 trillion at the end of March 2026. Total assets under management (A...