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CITIBANK INDIA
Slowdown in economy structural; sectors like realty need a boost
market participants present in the conclave agreed that the slowdown is real and it’s structural.
Monetary policy can't solve structural problems, it can only address cyclical shocks: Viral Acharya
Financial stability is a pre-requisite for money policy to get transmitted to real economy, he said.
EY’s legal head joins a local subsidiary of RBS group as head legal
Amar Kumar Sundram, the national director for legal and general counsel a...
K Raheja Corp set to acquire Citibank’s former HQ in Mumbai
Several developers and global funds had shown interest in buying the standalone iconic building spread over around 1.10 lakh sq ft.
RBI slaps Rs 3 crore penalty on Citibank India
The penalty was based on shortcomings in regulatory compliance and does not question the validity of any transaction the bank entered with its customers, RBI said.
Citibank India FY18 net profit at Rs 3,403 crore
The bank had registered a net profit of Rs 3,626 crore in the preceding year.
Global banks tap startups here to make fintech mark
Financial institutions are engaging with startups through formal accelerators or incubators.
Welspun India MD Mandawewala buys penthouse in Prabhadevi for Rs 150 crore
Apartment, spread over 18k sq ft in Wadhwa project, has been sold as a bare-shell luxury pad
Global banks tap startups here to make fintech mark
Financial institutions are engaging with startups through formal accelerators or incubators.
Citibank India's net profit up 12% in FY17
Citibank's capital adequacy also improved to 17.6 per cent from 15.8 per cent in fiscal year 2016.
Citibank India net profit up 12% in FY17
Total assets in India including loans to Indian clients from offshore Citibank entities remained flat at Rs 2.02 lakh crore.
Growth will come from digital reach to clients: Karthik Kaushik, Citibank India
Banks are taking more risk to expand their re tail books and invest in gaining retail clients, said Citibank India's consumer banking head Karthik Kaushik.
Balasubramanian quits HDFC Bank as head of corporate banking, heads back to Citibank
Balasubramanian had quit Citibank in April last year to head the large corporate section for HDFC Bank as the Mumbai based lender made a fresh push for large corporate clients.
Mastercard and Citibank India launches MasterPass
The customer can link their credit card or debit card to digital wallet for online transactions.
Citibank India appoints Sharad Mohan as retail bank head
Prior to his role as the S&D Head, Sharad was the chief operating Officer for the Consumer Bank for two years. Prior to his return to India in 2011 from Singapore, Sharad was the regional Citigold head for Asia Pacific since 2006.
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