Citibank consumer banking business in India to shut latest news updates
URL copied Citi had entered India in 1902 and started the consumer banking business in 1985. Â American banking major Citibank on Thursday announced that it will exit from the consumer banking business in India as part of a global strategy. The business comprises credit cards, retail banking, home loans and wealth management. The bank has 35 branches in the country and employs approximately 4,000 people in the consumer banking business. On Thursday, the bank announced exiting from the consumer banking businesses in 13 countries, with its global CEO Jane Fraser attributing the deci...
Source: indiatvnews.com