Citibank

Lifetime achievement awardee Shyam Srinivasan: ‘Happily dissatisfied’ is the mantra

Shyam Srinivasan, Federal Bank’s longest-serving MD & CEO, shares his mantra of staying “happily dissatisfied,” blending faith, grit, and leadership.…

Updated: September 23, 2025 14:02 IST

US Independence Day 2025: What is open and what is closed on July 4th?

Federal offices, including courthouses and legislative buildings, will be closed. State-level government services and offices will also be shut. Major…

July 4, 2025 16:19 IST

This Smallcap is Thriving in a Declining Market. (Image Source: Reuters)

This smallcap is soaring in a falling market. Here’s why…

One smallcap company is giving what most investors are perpetually hunting for – they are printing cash and handing it…

February 25, 2025 06:00 IST

IndusInd Bank, Q1FY24, quarter results, NII, NPA, profit, loan book, asset quality, branches, network, baking sector

JICA, Citi to provide USD 125 million to IndusInd Bank for onlending to agri sector

Indusind will be utilising the co-finance funding for onlending to the agricultural sector in the country, as per an official…

Updated: April 11, 2023 15:03 IST

Citibank India finally shutters consumer banking window in India, hands over keys to Axis; here’s why it quit

CEO Jane Fraser said that the group lacks the scale to compete with the domestic lenders in India, even though…

March 1, 2023 12:43 IST

Gautam Adani | Supreme Court | Hindenburg research | DY Chandrachud |

Adani touts deep global bank ties; Here are the banks Adani has backing from

Some of the biggest names in banking are listed as backers of the Indian billionaire Gautam Adani, who’s also Asia’s…

January 30, 2023 11:41 IST

SC dismisses finmin plea against Citi, Standard Chartered Bank

The banks had accepted huge foreign currency deposits in the absence of NRE account holder in 1993, which, as per…

August 25, 2022 07:56 IST

Stocks to buy: Bharti Airtel, Axis Bank among shares to invest in August, analysts see 28% upside

Analysts at Yes Securities have picked 4 stocks that they believe are well placed for helping investors pocket strong returns.

Updated: August 9, 2022 11:52 IST

While most analysts took the view that the deal was reasonably valued, a few saw it as expensive.

Customer, employee retention key to success of Axis-Citi deal, say analysts

Axis Bank’s management has said that the transaction with Citi incorporates appropriate clawback arrangements. The bank has factored in a…

April 1, 2022 01:00 IST

Data Drive: Axis Bank-Citibank deal — An ace in the card game?

Citi India has the highest spend per credit card, which will help Axis Bank garner a higher fee income.

April 1, 2022 00:13 IST

Axis Bank shares jump nearly 2 per cent after Citi deal

At the NSE, it gained 1.67 per cent to Rs 763.Axis Bank on Wednesday said it will acquire US-based Citi’s…

March 31, 2022 11:45 IST

Axis Bank, Citibank, banking and finance deal

Axis Bank shares up 2% as it taps HNI customers with Citi’s retail biz deal; brokerages see upto 40% upside

Analysts are bullish on Axis’s stock and said the deal provides the lender an instant access to affluent customer segments.…

March 31, 2022 11:45 IST

Deal to strengthen lender’s position in credit cards business

After growing organically, Axis Bank has acquired the consumer business of Citibank. The senior management of Axis Bank broke the…

March 31, 2022 09:02 IST

Axis Bank snaps up Citi’s consumer biz for $1.6 billion; deal may be closer in 9-12 months

The deal, which will give Axis Bank access to three million new customers, is likely to be closed over the…

March 31, 2022 03:40 IST

Axis Bank, Citigroup, credit cards business

Citibank to sell retail business to Axis Bank in $1.6 bln cash deal; no immediate impact on Citi’s customers

Citi said the deal includes its NBFC’s consumer business, comprising commercial vehicle and construction equipment loans, as well as the…

Updated: March 30, 2022 16:38 IST

Axis Bank set to announce Citi cards biz acquisition today

The deal was earlier understood to be worth around $2 billion, but the final value could be lower, sources close…

Updated: March 30, 2022 10:59 IST

Axis Bank says no decision yet on buying Citi’s India retail business

Axis Bank is understood to be the frontrunner to take over the US lender’s retail business in India.

March 8, 2022 01:45 IST

Axis Bank-Citi deal for cards business may come this week

Citi has been consistently losing credit card customers since the global bank expressed its intention to exit the retail business.

March 1, 2022 04:00 IST

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ICAI plans to amend Code of Ethics for chartered accountants

Industry4 min ago

ICAI is amending its Code of Ethics to allow more freedom for chartered accountants in terms of advertising and maintaining their own websites. This move aligns with the government’s push for homegrown professional service firms and the potential for expansion through free trade agreements.

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