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Axis Bank acquires Citibank | What s in it for Citibank customers

Axis Bank s position in the cards business improved from 11.4 percent to 16.2 percent after this acquisition. It gets ready access to highly affluent wealth customers of Citi for Burgundy Private Banking.

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Citibank - Axis Bank completes acquisition of Citi s retail business in India

While the sale excludes Citi’s institutional client businesses, it covers the American bank’s consumer businesses in India

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Citibank - Axis Bank completes acquisition of Citi s retail business in India

Citibank - Axis Bank completes acquisition of Citi s retail business in India
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Axis Bank-Citi Deal: All you need to know if you are a customer

Under the deal worth Rs 12,325 crore, announced on March 30, Axis Bank would take over Citi's credit cards, personal loans and wealth management businesses that are focused on the affluent segment.

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CCI clears Axis Bank-Ciit deal, one of India s largest financial agreements

Under the deal worth Rs 12,325 crore, announced on March 30, Axis Bank would take over Citi's credit cards, personal loans and wealth management businesses that are focused on the affluent segment.

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