Page 2 of Citigroup

Growth of 10% would be "200 basis points" higher than annual growth seen in the last few years and faster than several other countries in which the bank has a presence, he said.

Citi expects revenue from India corporate business to grow 10% a year

If business momentum keeps pace, the lender may look at increasing headcount further in another 12-18 months’ time, he added.

July 21, 2022 17:26 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

US large-cap stocks expensive; opportunities galore in mid, small-cap shares playing catch-up

Expensive valuation of large-cap stocks on Wall Street does not mean opportunities have run dry. Analysts at global investment bank…

Updated: January 5, 2021 14:17 IST

Time to buy large-cap US bank stocks? Vaccination, loan growth, other factors to aid growth

As the path of economic recovery increasingly looks clearer, analysts are finding buying opportunity in banking shares across the globe.

December 31, 2020 10:13 IST

Citi Group, Commodities Futures Trading Commission, Banking sector, companies

Citigroup to pay $425 mn over attempted forex, rate manipulation

Citigroup Inc has agreed to pay $425 million to resolve civil charges that it tried to manipulate foreign exchange and…

May 26, 2016 02:23 IST

China’s economic planning body invites Citigroup to discuss foreign debt risks

The National Development and Reform Commission (NDRC), China’s top economic planning agency, recently invited Citigroup Inc for an exchange of…

May 25, 2016 17:10 IST

Investor sentiment improving, catalysts needed for fresh flows, says Citigroup

Investor sentiment towards the Indian economy is improving but markets are now looking at the passage of key reform bills…

May 23, 2016 14:04 IST

India’s GDP growth likely to be 7.7% this fiscal: Citigroup

Gradual fiscal recovery is likely to push the GDP growth numbers of the country to 7.7 per cent in this…

April 18, 2016 15:58 IST

RBI, rbi review, rbi monetary policy, rbi monetary policy review, rbi repo cut, rbi interest rate, Raghuram Rajan, Raghuram Rajan news, Raghuram Rajan policy, Raghuram Rajan speech, rbi policy review, Raghuram Rajan rbi policy

RBI monetary policy review on Tuesday: Raghuram Rajan to go for interest rate hike, or not, top 5 key takeaways

With the Reserve Bank of India’s (RBI) last monetary policy review of this fiscal coming up on Tuesday, analysts have…

January 31, 2016 20:13 IST

‘Bihar loss a political pothole, reforms to be calibrated’

Global financial services majors Citigroup, Nomura and Bank of America Merrill Lynch believe the loss would likely hurt the market…

November 9, 2015 15:04 IST

Bihar election results won’t alter course of reforms: Citi

Irrespective of Bihar election results, reforms in India will continue as reviving economic growth will remain a political imperative for…

Updated: October 12, 2015 17:20 IST

Rupee may weaken further on China currency depreciation: Citigroup

India seems to be less vulnerable to China’s currency depreciation through direct channels, but the rupee may still weaken, says…

August 13, 2015 16:09 IST

Passage of GST bill likely in monsoon session: Citigroup

There is a strong possibility of GST bill passage during the ongoing monsoon session of Parliament given ‘broad consensus’ among…

Updated: July 21, 2015 18:56 IST

Further rate cut of 25 bps likely this fiscal: Citigroup

The Reserve Bank is likely to cut the key interest rate by another 25 bps this fiscal as retail inflation…

Updated: June 30, 2015 20:55 IST

Citigroup pegs India’s GDP growth at 7.9% this fiscal

According to the global financial services major, investment and consumption uptick is likely to result in a growth pick-up from…

Updated: June 11, 2015 15:24 IST

India is Emerging Market’s most liked, Korean least liked: Citi

Long India vs underweight Korea gap is widest since 1995, Citi says…

May 11, 2015 11:18 IST

Citigroup maintains India’s BSE index target at 33,000

With interest rates likely to head lower, believe India is now offering distinctly more opportunities than risks, Citigroup adds.

May 8, 2015 13:39 IST

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