Page 2 of Citibank

Global finance majors rush with Covid aid; Citi to donate Rs 200 crore, Wells Fargo Rs 22 crore

Other financiers which offered support included Citi’s peer from the US Wells Fargo (USD 3 million), Swiss bank UBS (USD…

May 5, 2021 19:25 IST

Citibank to exit consumer banking biz in India, to focus on institutional segment

On Thursday, the bank announced exiting from the consumer banking businesses in 13 countries, with its global CEO Jane Fraser…

Updated: April 15, 2021 21:18 IST

Citibank platform for ‘financially progressive’

The banking platform called ‘Citi Priority’ is designed for customers that have a relationship value of Rs 15 lakh with…

Updated: September 24, 2015 00:45 IST

SC dismisses plea to levy service tax on Citibank for IPL sponsorship

The Supreme Court on Tuesday dismissed a petition filed by the service tax department seeking to levy tax to the…

January 28, 2015 03:55 IST

Robbers loot cash van of over Rs 1 cr in broad daylight, kill security guard at Citibank ATM in Delhi

In a daring daylight heist, two unidentified armed assailants looted a cash van of around Rs 1.5 crore…

Updated: November 29, 2014 19:12 IST

Amex, PayPal funded Ezetap targets small towns, villages with mobile PoS solutions

Global banking giant Citibank has approved Ezetap’s service as the first mobile Point of Sale (mPoS) service globally.

November 17, 2014 15:39 IST

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PFC, SIDBI scrap bond issuances amid higher yields

Business6 hr ago

PFC and SIDBI have scrapped bond issuances worth Rs 11,500 crore due to rising yields, despite a recent rate cut by the RBI. PFC’s planned issuance of Rs 3,500 crore would have had a cut-off yield of 7.17%, higher than expected. SIDBI’s fundraising plans of Rs 8,000 crore also faced difficulties, with a cut-off yield of 6.86% instead of the desired 6.75%. Dealers express uncertainty

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