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Citibank India was the division of Citigroup that operated in India. In March 2023, the division was sold to Axis Bank. History. Citibank began operations in 1902 in Calcutta . In the late 1980s and 1990s, the division was one of the first banks to offer credit cards in India.
Citibank Argentina; Citibank Australia; Citibank (United States) Citibank Bahrain; Citibank China; Citibank Europe; Citi Private Bank; Citibank (Hong Kong) Citibank India; Citigroup Global Markets Japan; Citibank Indonesia; Citibank Korea; Citibank Malaysia; Citibank Russia; Citibank Singapore; Citibank Uganda; Citibank United Arab Emirates ...
Vikram Pandit. Vikram Pandit at the World Economic Forum in 2011. Vikram Shankar Pandit (born 14 January 1957) is an Indian-American banker [5] and investor who was the chief executive officer of Citigroup from December 2007 [6] to 16 October 2012 [7] [8] and is the current chairman and chief executive officer of The Orogen Group.
In April 2021, Citibank announced it would exit its consumer banking operations in 13 markets, including Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam.
There are 49 scheduled urban co-operative banks in India. Abhyudaya Co-operative Bank Ltd. Apna Sahakari Bank Ltd. [69] Ahmedabad Mercantile Co-Op Bank Ltd. [70] Amanath Co-operative Bank Ltd. [71] Andhra Pradesh Mahesh Co-Op Urban Bank Ltd. Bassein Catholic Co-operative Bank Ltd. [72] Bharat Co-operative Bank (Mumbai) Ltd.
2023: In March 2023 Axis bank completed acquisition of Citi group's Indian subsidiary Citibank India's consumer banking business for a cash consideration of ₹ 12,325 crore (US$1.5 billion) which was initially announced in March 2022 thus taking almost one year in the process.
He later joined PepsiCo and was involved in the launch of its international fast food franchises, including Pizza Hut and KFC, in India as the economy liberalized. Banga with Prime Minister Narendra Modi Citigroup, 1996–2009. In 1996, Banga joined Citigroup, where he briefly served as a debt collector as part of his training.
In 1982 and at the age of 22, Gupta started his career at Citibank India as a management trainee. He did several assignments with Citibank India, eventually being the chief-of-staff to the India head. He moved to Singapore in 1991 as the chief-of-staff to the Asia head, and was posted to Indonesia in 1998, as country manager.
Currently [when?] he chairs the Advisory Board for Citi India. He is senior advisor of New Silk Route , an international private equity firm. [7] Menezes chairs the American India Foundation , [8] is a vice chairman of the Asia Society [9] and of Catholic Charities in New York. [10]
The National Payments Corporation of India ( NPCI) is an organization that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and ...