Citi Bank

Citi India institutional asset book crosses ₹1 trillion after retail exit

The bank added about ₹24,000 crore to its institutional asset book in the past 12 months, reflecting client activity, capital investment, trade flows and financing demand

Citi, HSBC, StanChart adopt Ant International's AI tool for liquidity risks

Ant International, an ‌overseas affiliate of the Jack Ma-founded Chinese ‌fintech firm Ant Group, raised $1.2 billion last month in its latest equity fundraising as it seeks to expand.

Coca-Cola appoints JPMorgan and Citi for India bottler IPO: Report

Bankers pitched to Coca-Cola for the mandate earlier this month in London, the two sources said, following which JPMorgan and Citi ​were appointed

FDI will gather pace in H2CY26, says Citi India CEO K Balasubramanian

Balasubramanian said the Reserve Bank of India's recent measures to attract foreign capital could bring as much as $75 billion in inflows

India shouldn't let headwinds cloud its growth potential: Citi's Fraser

Citi Chair and CEO Jane Fraser says India remains the world's fastest-growing major economy and should stay focused on its long-term growth trajectory

Citi cuts Nifty year-end target to 27,000 on oil shock, West Asia war risks

Citi expects RBI to stay on pause in April, with its policy tone potentially tilting toward growth if fiscal measures absorb most of the inflationary pressures

RBI could rebuild reserves with dollar buys if rupee gains, says Citi

Although the RBI's reserves are at a record high, boosted by a historic rally in gold, it is carrying a $62 billion short forward book

Citi appoints Ankur Khurana as head of commercial banking in India

Ankur Khurana has been appointed head of Citi's commercial banking operations in India and will be responsible for driving strategy, growth and performance of the business

Citi India nears $1 billion in asset-backed securities amid rising demand

India's relatively small securitization market has been heating up, led by a surge in originations by non-bank lenders and growing appetite for bundled debt from banks and mutual funds

JPMorgan, Citi, Morgan Stanley client data may be exposed by hack: Report

SitusAMC said in a statement on its website on Saturday that it had been the subject of a cyberattack on November 12, compromising certain information

Citi bets on blockchain, plans to launch crypto custody by 2026: Report

The crypto custody offering-under development for the past two to three years-will cater primarily to asset managers and institutional clients

Citi appoints Srini Kannan as head of digital, tech for its commercial biz

Prior to that, he helped build JPMorgan's mid-corporate business in South India, making it the largest market within the country

Citigroup shifts 1,000 tech jobs to India amid China cuts, H-1B fee hike

Earlier this year, Citi announced that it would cut around 3,500 jobs at its technology centres in China as part of a global effort to simplify and shrink global tech operations

Citi's India head of commercial banking exits after 25 years with bank

Citi confirms the departure of Bhanu Vohra, its India head of commercial banking, after 25 years with the bank. The firm is set to announce a successor soon

Five banks set to present OYO's IPO plans to SoftBank in London next month

Global travel-tech unicorn OYO has arranged for five investment banks to meet its key shareholder SoftBank in June, in a crucial presentation that could determine the company's path to public listing, sources said. The banks include Citi, Goldman Sachs and Jefferies from the global banking consortium, alongside ICICI Securities and Axis Capital representing Indian financial institutions. SoftBank, which remains one of OYO's largest shareholders, is interested in understanding the key positioning strategies, expected valuation metrics and anticipated investor appetite for the offering. The high-stake meeting is scheduled to take place at SoftBank's London office on Grosvenor Street, where the banks will present their IPO strategies to SoftBank's Sumer Juneja. OYO founder Ritesh Agarwal and his senior leadership team will also participate in the discussions, sources close to the development told PTI. The Japanese conglomerate's view is considered important for the IPO's timing, given

RBI to cut rates three more times this year on tariff threat, says Citi

India's economy is forecast to grow by 6.7 per cent in the current financial year, according to the central bank's estimate released in February

Sitharaman, Citi CEO discuss bank's staff growth in India, digitalisation

During their discussion, Jane Fraser highlighted Citi's expansion in India and expressed interest in strengthening the company's presence in the country

Citi Bank copy-paste error nearly sends $6 billion to wealth account

The near-miss in Citigroup's wealth-management business magnified the intended amount by more than a thousand times and was detected on the next business day

Citi accidentally credits client account with $81 trn instead of $ 280

The transfer was missed by two employees and detected by a third employee 90 minutes after it was posted

Citi India to buy $1 bn of asset-backed securities amid slow deposit growth

Private banks have historically been rare in the market, but have begun tapping it or exploring deals amid regulatory pressure