WebApr 15, 2024 · US banking giant Citigroup, a leading foreign bank, on Thursday decided to exit the consumer banking business in India as part of a global strategy to focus on institutional business. Citibank India has now put on sale its retail banking business that includes advances totalling Rs 66,507 crore and deposits worth Rs 1,57,869 crore. WebApr 15, 2024 · Citibank will exit consumer operations in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam. Fraser …
Citi Announces Agreement to Sell Consumer Bank in Bahrain ... - Citigroup
WebApr 16, 2024 · Citigroup is closing its consumer banking operations in 13 markets across Asia, Europe and the Middle East. The US banking group will instead run these operations from four hubs in Singapore,... WebApr 15, 2024 · American banking major Citibank on Thursday announced exiting the high visibility consumer banking business in India as part of a global strategy. The consumer banking business comprises credit … flower shaped rugs for bedroom
Citi To Exit Retail Banking In 13 Countries, Including India …
WebApr 15, 2024 · Citigroup said that as part of an ongoing strategic review under Fraser, the bank will exit consumer banking in 13 countries, mostly in Asia: Australia, Bahrain, … WebApr 15, 2024 · In terms of the returns, the bank was doing relatively well as compared to its competitors. The bank has recorded a return on capital employed of 19.41 per cent, net interest margins of 4.86 per ... WebApr 16, 2024 · By India Today Web Desk: Citigroup on Thursday announced that it is shutting consumer banking operations in India and 12 other countries. US-based Citigroup said the decision is aimed at exiting retail banking markets where it has not been able to scale up, adding that it now wants to “double down” on wealth management. green bay cameras live