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Axis Bank buys Citi India's retail biz for Rs 11,603 cr

Axis Bank on Wednesday said it has completed the acquisition of Citibank's retail business in India for a final cash consideration of Rs 11,603 crore. Photograph: Danish Siddiqui/Reuters The sale......

Will Dream Run For Banks Continue?

It won't be easy for the banking sector to better its performance every quarter, predicts Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com Earlier this month, a Business......

Hinduja family feud: $11 billion empire at stake

Four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok -- had in 2014 signed on a document saying the assets held by one brother belong to all, and that each of them will appoint the......

Citibank likely to hive off consumer banking business in India

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer......

Who will buy Citi's consumer business?

The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay. Photograph: Mike......

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Citibank Na

News for Citibank Na

Axis Bank buys Citi India's retail biz for Rs 11,603 cr

Will Dream Run For Banks Continue?

Hinduja family feud: $11 billion empire at stake

Citibank likely to hive off consumer banking business in India

Who will buy Citi's consumer business?

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