Dresdner Bank, a subsidiary of the German insurance group Allianz, will open its first Indian office next year, offering services from accounts to mortgages and consumer loans, the bank said Thursday.
Dresdner Bank, part of Germany’s giant Allianz insurance group, will split up its investment and retail banking activities, a spokesman said on Friday.
One of the world's largest private insurers plans to offer natural disaster and accident insurance in parts of India hit by the 2004 Boxing Day tsunami for under €0.10 a month.
