WebMay 9, 2024 · Citibank's loans, credit cards, wealth management, and retail banking businesses will be taken over by Axis Bank. If the clients agree to have Axis manage their business, their accounts, credit cards, and other accounts will be transferred; otherwise, the relationship will end and they will be able to withdraw their deposits. WebMar 1, 2024 · Axis Bank will gain access to seven offices, 21 branches, and 499 ATMs owned and operated by Citibank. Axis Bank had set a timeline of 12 months to complete this acquisition.
Axis Bank Acquires Citi Bank India: What Will Happen To 30 Lakh ...
WebFeb 14, 2024 · Axis Bank. Axis Bank Ltd. is nearing a deal to buy Citigroup Inc.’s India retail banking business in a transaction that could be valued at about $2.5 billion, people familiar with the matter said. TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH. Key stories on business-standard.com are available to … WebMar 30, 2024 · MUMBAI, March 30 (Reuters) - Indian private lender Axis Bank (AXBK.NS) has decided to bulk up its credit card and retail businesses with a $1.6-billion purchase of Citigroup Inc's (C.N) local ... mario sunshine rom
Axis Bank to acquire Citibank
WebMay 9, 2024 · Axis Bank shall take over the consumer banking businesses of Citibank … WebFeb 15, 2024 · Axis Bank has agreed to purchase Citi Bank’s retail business in India for … WebMar 30, 2024 · March 30, 2024 / 05:46 PM IST. Private lender Axis Bank will acquire Citibank's India consumer business for $1.6 billion in an all cash deal, the Citigroup announced on March 30. The transaction ... mario sunshine ost