CITIGROUP - INDIAN CONSUMER BANKING
Citigroup - Indian Consumer Banking provides credit cards, retail banking, wealth management, and consumer loans services.
CITIGROUP - INDIAN CONSUMER BANKING
Industry:
Banking Consumer Lending Financial Services Wealth Management
Address:
Mumbai, Maharashtra, India
Country:
India
Status:
Active
Contact:
+91 7551011540
More informations about "Citigroup - Indian Consumer Banking"
Citi Completes Sale of India Consumer Banking to Axis Bank
Mar 1, 2023 NEW YORK - Citi announced today it has completed the sale of its India consumer business to Axis Bank Limited (Axis). The sale, which Citi and Axis first announced in March …See details»
Explained: Why Citigroup is shutting consumer banking operations …
Apr 16, 2021 While Citigroup did expand in India in the early 2,000s, the banking entity’s India business suffered in the aftermath of the 2008 global financial crisis. Newly-appointed CEO of …See details»
Citi Announces Agreement to Sell Its Consumer Businesses in India …
Mar 30, 2022 Mumbai – Citi today announced that it has reached an agreement with Axis Bank Limited (Axis) for the sale of Citi's consumer businesses in India. Axis was selected by Citi …See details»
Axis Bank completes acquisition of Citibank India’s consumer …
The Bank will gain access to Citi’s 6 offices, 21 branches** and 459 ATMs Service continuity and customer experience is prioritized with continued access to existing Citibank branches, ATMs, …See details»
Citigroup to exit consumer business operations in India, 12
Apr 15, 2021 The bank has 35 branches in the country and employs approximately 4,000 people in the consumer banking business. Citi had entered India in 1902 and started the consumer …See details»
Citigroup to sell Indian retail business to Axis Bank for …
Mar 30, 2022 The cash deal includes Citi’s credit cards, retail banking, wealth management and consumer loans in the country and will see 3,600 staff in India taken on by Axis, in a bet on a crowded sector ...See details»
Explained: Why is CitiBank selling its India business, and what next ...
Apr 16, 2021 US banking major Citigroup, a leading foreign bank in India, on Thursday announced its exit from the consumer banking business in the country (along with 12 other …See details»
Citibank India finally shutters consumer banking …
Mar 1, 2023 Axis Bank completed the purchase of the bank giant’s Indian consumer banking portfolio and NBFC consumer business on 1 March for a total consideration of Rs 12,325 crore. The country’s private ...See details»
Why Axis Bank Acquired Citi India’s Consumer Business
Apr 18, 2022 Axis Bank's $1.6-billion acquisition of Citi India's consumer business will give a fillip to the private bank's retail foray - Issue Date: May 01, 2022See details»
Citigroup to exit consumer banking business in India
Apr 15, 2021 Citi had outstanding loans of ₹ 67,101 crore as of 31 March 2020 in the country. The bank had a 15.4% market share in loans among all foreign banks in India in FY20, trailing Standard Chartered ...See details»
Axis Bank Completes Acquisition Of Citi India's …
Mar 1, 2023 P rivate sector lender Axis Bank on Wednesday said it has completed the deal to acquire Citibank India’s consumer banking business for Rs 11,603 crore (approximately $1.4 billion), marginally ...See details»
Citibank to exit consumer banking business in India
Apr 15, 2021 American banking major Citibank on Thursday announced exiting the high visibility consumer banking business in India as part of a global strategy. The consumer banking …See details»
Citigroup to exit bank's consumer operations in India
Apr 15, 2021 Announcing its first-quarter results, Citigroup said it was closing retail banking operations in 13 countries across Asia, and parts of Europe to concentrate more on wealth …See details»
Citi to exit retail banking operations in India, 12 other countries
Citigroup Inc. plans to exit retail banking in 13 markets across Asia and the Europe, Middle East and Africa region. Citigroup announced on April 15, 2021, it will exit 13 international consumer ...See details»
Citi To Exit Retail Banking In 13 Countries, Including India ... - Forbes
Apr 15, 2021 In India, Citi has only 35 retail branches and employs about 4,000 people in its consumer banking business. In contrast, one of India’s largest domestic banks, State Bank of …See details»
Citi Bank To Exit Consumer Banking In India, What It Means For …
Apr 16, 2021 Its retail bank serves people across the spectrum, including the salaried and the high networth individuals, through dedicated offerings. Large customer base in India. Citibank …See details»
Citigroup's Exit from India: Restructuring or Failure to Scale Up?
The case, set in 2021, discusses the exit of leading global bank Citigroup from its consumer business in India. Citi’s plan to exit the consumer banking business, which it started way back …See details»
Citigroup's Exit of Consumer Business in India - ICMR India
Citi’s Entry into India. Citi started retail operations in India in 1985 and was among the pioneers of credit cards. It launched cash management services in 1986, the first to do so in the corporate …See details»
Citigroup - Indian Consumer Banking - Crunchbase
Citigroup - Indian Consumer Banking provides credit cards, retail banking, wealth management, and consumer loans services. Lists Featuring This Company. Edit Lists Featuring This …See details»
Citigroup's Exit from India: Restructuring or Failure to Scale Up ...
The case, set in 2021, discusses the exit of leading global bank Citigroup from its consumer business in India. Citi's plan to exit the consumer banking business, which it started way back …See details»