In other news, Mirae Asset Global Investment, part of South Korea’s Mirae Asset Financial Group, has emerged as the front-runner to buy Citibank India’s former headquarters at Mumbai’s Bandra Kurla Complex (BKC) with an offer of ₹413 crore
4 min read4 Jul 2019Citibank India reported 12% growth in its net profit at Rs3,626 crore for the 2016-17 fiscal on account of an increase in loan book size
1 min read4 Jul 2017Balasubramanian will report to Kaizad Bharucha, who leads the wholesale banking business for HDFC Bank
1 min read12 May 2016Financial inclusion programmes have emerged as a favourable theme for CSR projects run by banks and grant making agencies
4 min read17 Dec 2015Credit-card transactions have surged in the past year as more Indians flock to e-commerce websites to buy everything from clothing and groceries to consumer electronics, drawn by the variety of products and hefty discounts on offer and the ease of shopping online
25 Feb 2015Outstanding credit card loans stood at Rs30,300 crore as on 31 December 2014, up 24% from Rs24,400 crore a year ago
4 min read25 Feb 2015The lender's total assets increased to Rs1.44 trillion in 2013-14 from Rs1.28 trillion last fiscal
2 min read8 Jul 2014Pramit Jhaveri | We will grow upwards of 25% this year
8 min read25 Oct 2010Banks pare number of credit cards to 2005-06 levels
3 min read20 May 2010Appointment | Rahul Soota to head Citi’s retail banking
1 min read22 Apr 2010The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared