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Deutsche Bank has increased its capital base in India by Rs 455 crore (approximately $90 million) to fund its growth plans.
The capital infusion will take the bank's capital base to over Rs 5,500 crore, said a press release from the bank.
This capital increase is the fifth since 2007 and pertains only to the India branches and excludes all other Deutsche Bank entities operating in India — equity broking and investment banking, primary dealership, asset management and shared services.
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