WebMar 30, 2024 · 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 … WebApr 11, 2024 · 11 April 2024: Citibank India has written to its consumer clients, seeking to reassure them of there being no immediate change to any products. ... Get live Share …
What happens to 30 lakh Citibank customers, bank branches ... - Zee News
WebApr 15, 2024 · Citibank will shut its India retail banking business — including credit cards, savings bank accounts and personal loans — as part of a global decision to exit 13 markets, as the US-based lender focuses on a few wealthy regions around the world. Citi started retail operations in India in 1985 and was among the pioneers of credit cards. WebJan 18, 2024 · Axis Bank to acquire Citi’s consumer business for $1.6 billion. TNN / Mar 31, 2024, 04:00 (IST) citibank, the one-time leader in the cards business in India with a consumer book that was envied ... chinese toy companies
Citigroup to shut retail banking operations in India. Will it affect ...
WebOct 14, 2024 · Top Indian banks are in the fray to buy Citibank India’s consumer banking business. Among those likely to submit biding bids before the October 26 deadline are HDFC Bank and Kotak Mahindra Bank, according to an Economic Times report. Axis Bank, IndusInd Bank, and DBS India are likely to bid for businesses Citi is exiting in India, it … WebApr 12, 2024 · Daily Current Affairs 2024 - Read latest, recent current affairs, download weekly, monthly news pdfs for all government competitive exams preparation. Current Affairs PDF - 6 Months Books WebMar 31, 2024 · 7. All Citibank customers will have to give consent to become Axis Bank customers after the deal gets regulatory approval. 8. The transaction is expected to take 9-12 months to complete. The transaction is expected to close in the first half of calendar year 2024, subject to requisite regulatory approvals, according to a statement by Citibank. 9. chinese towers mall roanoke va