citibank

3 ARTICLES

citibank
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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.

21 Jun 2022

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Why Citibank is losing sleep over the deal with Axis Bank

Clawback clauses may see the foreign bank get much less than the $1.6 billion agreed upon, given the steady erosion in its customer base and revenues.

13 Jun 2022

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How Axis pipped Kotak in Citi race + SEBI’s latest order to help debt recovery

It’s not just a higher offer that won Axis the deal + The market regulator finally comes to the rescue of long suffering bond investors.

31 Mar 2022