Exclusive: The ‘C’ rating that could impact Citibank’s deal with Axis Bank
An RBI report from January 2021 points to problems at the foreign bank’s India operations, adding uncertainty to a deal that is already complicated.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
The curious case of Rajiv Anand’s exit from Axis Bank
The announcement of the deputy managing director’s retirement in August may have more to it than meets the eye.
Prashant Kumar takes spring-cleaning route to profitability
The Yes Bank CEO ushers in a spate of changes in the retail banking business to stem its loss-making streak.
The e-rupee is proof Trump made a good point about CBDCs
Anything that an average user can achieve with the e-rupee, they can already do with UPI. But there is a different purpose altogether for the digital currency.