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B'deshi arrested for plot to bomb NYC Fed building

 A Bangladeshi man with alleged links to Al Qaeda was arrested in New York after an undercover operation by the Federal Bureau of Investigation foiled his plot to detonate a 1,000-pound bomb and......

World Bank, IMF buildings could be terror targets:

 The United States government on Monday warned of terrorist attacks aimed at specific targets in New YorkCity, Washington and Newark, which could include World Bank and International Monetary Fund......

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......

What acquisition of Citi's retail biz means for Axis Bank

 The quality of customers it acquires holds the key to success but the benefits of the buyout could kick in only from FY25. Manojit Saha and Subrata Panda report. Photograph: Arko Datta/Reuters......

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......

Why Citi is exiting India

 The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!Manojit Saha reports. IMAGE: In India Citibank started the consumer banking business in 1985.......

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......

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