Axis Bank-Citibank merger complete: What will happen to your Citi credit card, Citi debit card, savings, NRE account, home loan?Citibank's consumer business in India will be transferred to Axis Bank, as of March 1, 2023. Citibank India has announced on its website th...
03 Mar, 2023, 11.34 AM IST
Axis Bank acquires Citi India’s retail assets for $1.6 billionAxis will pay to Citi cash consideration of approximately $1.6 billion for the acquisition of the consumer business, subject to customary c...
30 Mar, 2022, 06.10 PM IST
Axis Bank to acquire Citi India’s retail assets for $2 billionAxis Bank is the fourth-largest issuer of credit cards with a total base of 8.6 million cards. Its retail book is nearly Rs 4 lakh crore. O...
30 Mar, 2022, 10.54 AM IST
Citi’s India retail unit can add heft to Kotak, be a good buy for HDFC Bank: CLSAReports suggest five banks including HDFC Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank and DBS Bank have been shortlisted.
10 Sep, 2021, 08.05 AM IST
Citibank to exit retail banking in India under global planThe consumer banking business comprises credit cards, retail banking, home loans and wealth management. The bank will be exiting the segmen...
16 Apr, 2021, 01.00 PM IST
Should you take loans linked to benchmarks other than repo rate? Which banks offer these?According to the RBI Monetary Policy Report, 36 banks out of 62 banks have adopted repo rate as an external benchmark whereas six banks hav...
24 Apr, 2020, 03.09 PM IST
Banks plan to have new benchmark model for deposit & lending ratesSome lenders are already offering retail products linked to the RBI benchmark or government securities.
12 Mar, 2019, 09.11 AM IST
Citibank bets on home loans linked to T-billsCitibank has launched a new variable interest rate mortgage product which will be linked to the 90-day treasury bills.
05 Mar, 2018, 06.46 PM IST
Applying for a home loan? These 11 banks have reduced lending ratesHere is the list of banks that have reduced their home loan rates till now.
19 Jan, 2017, 12.07 PM IST
Citibank offers loans at 9.25% to staff in flood-hit ChennaiWhile the amounts and tenures of personal loans will be subject to eligibility, the processing fee and pre-closure charges will be waived.
14 Dec, 2015, 10.27 AM IST
ICICI Bank may sell Home Finance arm for Rs 4,400 crore; Citibank roped in to find buyersFunds are looking at housing finance sector, given the overall housing shortage in India, as well as the robust growth (around 20%) seen in...
10 Jul, 2015, 10.34 AM IST
ICICI, HDFC and Citibank bring back fixed-rate home loansReserve Bank of India (RBI) had allowed lenders to float infrastructure bonds to extent of home and infrastructure loans outstanding in the...
05 Sep, 2014, 11.56 AM IST
- Should you opt for home saver loan?
While this loan option is more expensive, it can result in big savings in interest and a shorter repayment tenure.
18 Feb, 2013, 08.16 AM IST
Citibank brings in paperless payment system for cardholdersIt would also allow customers to make card payments at the point of purchase itself at the retail outlets, thereby avoiding long queues at ...
23 Jan, 2013, 12.31 PM IST
- Cushion of credit line may work to your advantage
Close on the heels of its peers introducing hybrid housing loan schemes, Citibank has jumped on to the bandwagon by launching CitiHome One.
24 Dec, 2009, 03.05 AM IST
- Dubai to host India property exhibition
The IndiaHome Property Exhibition, which helps the Indian diaspora get information on a range of residential real estate opportunities in I...
07 Oct, 2009, 09.36 PM IST
- 12 PSU banks to bring down PLR
Home, auto and other loans from 12 state-owned banks would be cheaper from April 1.
01 Apr, 2009, 03.25 PM IST