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Citibank News

15 Jul 2024

Citi-Axis Credit Cards Migration Completes Today: What Changes Will Be Made

Citi-Axis Credit Cards Migration By 15 July 2024: Check complete FAQs on credit card transaction, reward points etc.

11 Jul 2024

Citibank Online To Be Discontinued From Tomorrow, 12 July

Citi India consumer banking customers are now served by Axis Bank, check further details.

10 Jul 2024

Citi-Axis Credit Cards Migration: What Will Change After July 15?

Citi-Axis Credit Cards Migration: What changes will be implemented on credit card transactions post migration? Check the table.

02 Jul 2024

Major Credit, Debit Card Rules Changing In July --SBI Card, ICICI, Citi, PNB

Check out the key debit card and credit card rules that are changing in the month of July, 2024.

01 Apr 2022

CitiBank exits India–7 international banks that exited India since year 2000

Axis Bank to acquire Citi's India consumer biz for Rs 12,325 cr. One of the largest deals in the Indian financial services space. Axis will takeover loans, credit cards, wealth management and retail ops of Citibank.

31 Mar 2022

What happens to Citibank customers, branches, employees after Axis takeover?

Axis Bank to acquire Citi's India consumer biz for Rs 12,325 cr. One of the largest deals in the Indian financial services space. Axis will takeover loans, credit cards, wealth management and retail ops of Citibank.

16 Oct 2021

Citibank net banking to remain shut on THIS weekend; here’s why

During the night between Saturday and Sunday, Citibank net banking will be unavailable. Citibank's netbanking service will be unavailable for a minimum of 9 hours. Citibank's online banking services will be unavailable from 9:30 p.m. on October 16 to 6:30 a.m. on October 17.

18 Apr 2021

CitiBank exit: SBI, private banks eye Citi’s credit card business

Citi was once a market leader in India’s credit card business. Citi’s clientele mostly includes high net worth individuals (HNIs). SBI Card is seen as a major contender for Citi’s credit card business.

18 Feb 2021

Biggest banking mistake! Citibank transfers over Rs 3,600 crore

Biggest mistake of banking sector. Citigroup disagrees with this decision. Citigroup intends to appeal.

13 Jul 2016

Venezuela`s woes deepen as Citibank shuts teller window

Venezuela`s howling economic woes have worsened.

10 May 2015

Air India may tie up with SBI, Citibank to raise funds through ECB

National carrier Air India is likely to tie up with Citibank and public sector lender State Bank of India to raise USD 300 million from overseas market via External Commercial Borrowing (ECB) route, sources said.

16 Apr 2015

Citi posts highest quarterly profit in 8 years as costs plunge

Citigroup Inc reported its highest quarterly profit in nearly eight years as costs plunged, showing that the bank`s efforts to streamline its business may be starting to pay off.

07 Apr 2015

Ex-Citi exec's hedge fund delays launch over UK probe

"There has been a delay to our launch due to the FCA. We have informed our prospective investors," said Silver Ridge Asset Management cofounder Farhang Mehregani.

30 Nov 2014

Citibank a deeply-entrenched domestic bank in India: CEO

Global banking giant Citi's Indian arm says it sees a tremendous opportunity for itself from the government's 'Make in India' campaign.

24 Nov 2014

Banks need to take blame for some problems: Citi India CEO

While an uptick in economic activity will help banks come out of some of their problems, some issues currently facing the Indian banking industry are of its own doing and it needs to take the blame for the same, Citibank's India chief Pramit Jhaveri said.

23 Nov 2014

India needs more banks, but bigger banks too: Citi India CEO

Jhaveri, CEO of Citi India, also said that banks in India remain smaller than their peers globally and therefore there was a strong case for larger banks.

17 Jul 2014

Mutual fund distributors' commission rises by 9% in FY'14

According to latest data available with Association of Mutual Funds in India (AMFI), the total income earned by 329 distributors stood at Rs 2,572 crore.

07 Jul 2014

Citi India Net up 6% at Rs 2,893 crore

The New York-headquartered Citi's domestic unit recorded a pre-tax profit growth of 11.4 percent to Rs 5,113 crore in FY14, it said in a statement.

07 Jul 2014

Want euros in London? Don’t ask your bank

The exchange rates on the board are not even the best ones Sakthi and his colleagues give bigger or regular clients.

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