Page 3 - சிட்டி இந்தியா News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from சிட்டி இந்தியா. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In சிட்டி இந்தியா Today - Breaking & Trending Today

Citi initiates talks to sell credit card, wealth management businesses in India


Citi initiates talks to sell credit card, wealth management businesses in India
FILE PHOTO: Reflections are seen on the glass facade of a Citibank branch in Beijing, China, April 18, 2016. REUTERS/Kim Kyung-Hoon
April 17, 2021
Citigroup has launched discussions to sell its credit card and wealth management divisions, two people aware of the negotiations said on Friday, a day after the group announced plans to exit its retail banking business in India as part of a global restructuring exercise.
According to the people cited above, who sought anonymity as the talks are private, the Citi proposal has generated early interest from at least two large foreign banks with similar India footprint to Citibank’s, as well as several domestic banks and wealth management companies. ....

Indusind Bank , Kotak Mahindra Bank , Macquarie Research , Citi India , Citibank India , சிட்டி வங்கி , இந்துசின்த் வங்கி , கோட்டக் மஹிந்திரா வங்கி , மக்வரீ ஆராய்ச்சி , சிட்டி இந்தியா , சிட்டி வங்கி இந்தியா ,

Foreign and private sector lenders eye Citi's consumer banking franchise: Analysts


Foreign and private sector lenders may vie for the consumer banking franchise of Citi India, particularly credit cards, analysts said.
On Thursday, Citbank said it would exit the consumer banking business in India and 12 other countries. The consumer banking business covers credit cards, retail banking, home loans and wealth management.
Analysts said the business could generate interest from both big and small private sector banks apart from foreign lenders such as StanChart and HSBC who would be keen to expand their presence through such an acquisition.
Last year, Lakshmi Vilas Bank merged itself with DBS Bank India Limited, the wholly owned subsidiary of Singapore’s DBS Group. The acquisition boosted DBS’s base of retail and SME customers. ....

Axis Bank , First Bank , Indusind Bank , Bank India , Lakshmi Vilas Bank , Macquarie Research , Citi India , India Limited , Citibank India , அச்சு வங்கி , முதல் வங்கி , இந்துசின்த் வங்கி , வங்கி இந்தியா , லட்சுமி விலாஸ் வங்கி , மக்வரீ ஆராய்ச்சி , சிட்டி இந்தியா , இந்தியா வரையறுக்கப்பட்டவை , சிட்டி வங்கி இந்தியா ,