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Axis Bank Completes Acquisition of Citibank's India Consumer Assets

Mumbai: Starting today (March 01), an over 100-year-old Citibank ceased to exist as Axis Bank announced on Wednesday that it has completed acquisition of Citibank's India consumer and non-banking finance businesses. Citibank established in 1902 in Kolkata has completely sold its retail banking assets to Axis Bank for an overall consideration of Rs 11,603 crore.  A total of 2.4
West Bengal Amitabh Chaudhry Axis Bank India Consumer Business Cquisition And Merger Consumer Operations
Source: sakshi.com

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