CCI clears Kotak-Deutsche deal, KKL-Junk's Gentari Investments Kotak Mahindra Bank has received approval to acquire Deutsche Bank's retail and wealth management businesses. The purchase will take place on the basis of the sale of Deutsche Bank in India. This business includes services such as deposits, loans, investments, insurance and foreign exchange products. KKR-backed Sapphire US Holdco will also be a securities subscriber of Gentari Renewables India, which specializes in renewable energy.