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Monday, August 11, 2025
TopicCitibank

Topic: citibank

Aditya Puri was top performer at Citibank. At HDFC, he was dismissed as a flash in the pan

In ‘Adityanama’, Smiley Puri offers an insight into the remarkable life of her husband, the legendary Indian banker Aditya Puri.

Axis Bank buys Citi India’s consumer banking businesses for Rs 12,300 crore

The cash payout will be the largest among the other six consumer banking markets Citi has exited in the region so far.

Ola picks Citigroup, Kotak among other banks to manage its IPO that could raise $1 billion

Ola, Bengaluru-based ride hailing startup, could seek a valuation of more than $8 billion in the IPO and lodge a filing as soon as October.

Citibank to exit consumer business in India and 12 other markets across Asia, Europe

The bank will instead operate its consumer-banking franchise from four wealth centers in Singapore, Hong Kong, the United Arab Emirates and London, it said Thursday in a statement.

This Indian banker is the world’s best, says The Economist

Launched in 1994, India's HDFC Bank is now the world’s 10th most valuable bank and has surpassed Citibank and HSBC in worth standing at about $90 billion.

Citigroup accidentally wired $900 million to Revlon lenders, now it’s fighting to get it back

The payment was made due to a clerical error. Meanwhile, cosmetics giant Revlon Inc. is embroiled in a legal dispute with some of its lenders over the company’s debt-restructuring tactics.

On Camera

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

‘Next war may come sooner than expected, will require whole-of-nation approach’—Army chief

Gen Dwivedi framed Op Sindoor not just as retaliation to Pahalgam, but as demonstration of India’s capability to fight multi-domain conflicts with integration between services & agencies.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.