Citi India PAT jumps 65%

For the reporting year, it posted Rs 2,596 crore against Rs 1,575 crore a year ago, Citi said.        

Citi's revenues for the year-ended March 31 jumped 44 per cent to Rs 10,586 crore from Rs 7,335 crore a year ago, it said.        

The company's balance sheet for March 31 has swelled to Rs 1,07,679 crore up from Rs 84,395 crore, a jump of 28 per cent a year ago.        

Citi has become the largest foreign bank in India after taking into consideration the profits and assets, Citi India CEO Sanjay Nayar told reporters.        

Citi has infused Rs 1,500 crore in March to support the company's non-banking financial companies and to meet the Basel II capital requirements, he said.