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Citi Market Exit: Looking for Buyers for India Biz, No Impact on Existing Customers, Says Official


Citibank Exit: Looking for Buyers for Business in India, No Impact on Existing Customers, Says Official
News18
5 hours ago
News18
© Provided by News18
Citibank Exit: Looking for Buyers for Business in India, No Impact on Existing Customers, Says Official
In a major move, American banking company Citigroup announced on Thursday that it will be exiting 13 international consumer banking markets, including India and China as part of its global strategy. The company said it will focus its global consumer banking business on four markets: Singapore, Hong Kong, London and the United Arab Emirates.
India Impact
Citi India’s Chief Executive Ashu Khullar has assured that there will be no immediate impact of the decision on its employees and operations in India. “There is no immediate change to our operations and no immediate impact to our colleagues as a result of this announcement. In the interim, we will continue to serve our clie ....

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