Deutsche Bank is planning to offload its stake in Hua Xia Bank, and divest its retail banking operations in India, reported business daily Handelsblatt.
The bank had invested 1.3bn to amass a stake of about 20% in the Chinese group between 2006 and 2010.
It has not yet taken any formal decision on the sale of the stake, which according to current estimates is valued at about 3.3bn.
At the same time, the German banking group is also mulling sale of its Indian retail activities, where it currently operates with 17 branches.
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