#citi

Axis Bank Acquires Citi Bank India: What Will Happen To 30 Lakh Customers, 3600 Employees? 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…

Finally the curtain is dropped on the consumer business of Citi Bank in India. The largest and the oldest foreign banking entity has decided to exit across two regions from its consumer franchises in thirteen markets, one of which…