WebApr 2, 2024 · Axis Bank will acquire US-based Citi’s consumer business in India for Rs 12,325 crore. This is one of the largest deals in the Indian financial services space which … WebMar 30, 2024 · US bank Citigroup on Wednesday announced sale of its Indian consumer banking businesses, including credit cards, retail banking, wealth management and consumer loans, to private lender Axis Bank for Rs 12,325 crore, as part of its plans to exit retail operations in 13 markets. The deal, which is expected to close in the first half of the …
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WebMar 1, 2024 · Express News Service. MUMBAI: With Axis Bank expected to complete the deal to acquire Citibank India’s consumer business on Wednesday, thousands of Citi’s customers in the country will become ... WebFeb 24, 2024 · Mumbai: Axis Bank has informed the exchanges that it is likely to complete the acquisition of Citibank’s retail business in India by March 1, 2024. This will mean that all credit cards, savings accounts and retail loan account customers of Citibank in India will be customers of Axis Bank. floaters icd9
Citibank india sale: Axis Bank will acquire Citi
WebMar 30, 2024 · Private sector lender Axis Bank on Wednesday acquired Citigroup's retail banking business in India for Rs 12,325 crore. The acquisition is subject to customary closing conditions, including... WebMar 17, 2024 · Axis Bank, India's third largest private sector bank, today announced the debut of UPI LITE, a new feature that will allow users to make quick payments with only one touch for modest value transactions up to Rs. 200 without the use of a UPI PIN. ... Axis Bank completed acquisition of Citibank India’s consumer business. Axis Bank supports … WebMar 31, 2024 · MUMBAI: Citibank, the one-time leader in the cards business in India with a consumer book that was envied by all private banks, has agreed to sell its entire retail business — including credit cards, savings accounts and wealth management — to Axis Bank for $1.6 billion (Rs 12,235 crore). great hearts academies in san antonio tx