Banking Vittarth

Exit of Citi Bank From Indian Consumer Business

#Banking_Brief_100
The largest foreign bank in India, one of the most profitable banks, 3 million retail customers and lucrative credit card data. Citi bank is exiting from Indian Retail business and looking for a buyer for its empire.

Undoubtedly, it’s a treasure for a banking enterprise. And it’s not just India they’re walking out of. They’re also walking out of 12 other countries including Australia, China, Indonesia, Korea, Malaysia, and Russia.
Tune in to know about the reasons behind the exit and what will be the next move.

Credits :- @prachigupta15, @swastikamittal

#Citi #Banking #exit #retail #creditcard #Foreignbanks #ICICI #DBS #JaneFraser

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