FM Nirmala Sitharaman met Citibank CEO Jane Fraser to discuss the Indian banking sector. The two discussed the use of #AI in important sectors such as agriculture, urban development, and the pharmaceutical sector. Fraser also praised India's digital payment transformation and the importance of making MSMEs a part of the supply chains.
The Competition Commission of India has approved the Rs 12,325 deal of Axis Bank’s acquisition of Citibank’s consumer businesses in India, the authority announced on Tuesday, July 26. “Commission approves acquisition of Citibank, N.A.’s and Citicorp Finance Limited’s undertakings comprising of their consumer banking activities by Axis Bank,” the CCI said on Twitter. Commission approves acquisition of Citibank, N.A.’s and …
Citibank operations will remain affected by downtime on Monday, November 8. In the communication, the bank emphasises that Citibank credit card holders can now raise disputes about any Citi credit card transaction through the 24×7 helpline. Citibank is one of the first few private banking entities in India and its existence in the Indian market dates back to the early …
