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Thursday, March 12, 2026
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

Prada learnt its lesson. Where are ‘humara culture’ Indians on Ralph Lauren’s jhumka?

The problem, dear Ralph Lauren, is not your use of the jhumka, but your dismissal of its history. The list of stolen items is too vast to fight, but we haven't given up on acknowledgement.

Floundering PM Internship Scheme used less than 1% of Rs 10,831 crore set aside for it in FY25-26

The Standing Committee on Finance tabled its report on Demands for Grants (2026-27) in the Lok Sabha Thursday.

India-Bangladesh relations on track—After military intel chief’s visit, envoy goes to Army War College

In a first during his tenure as High Commissioner to India, Riaz Hamidullah addressed JOCAP consisting of tri-forces officers, as New Delhi & Dhaka step up normalisation efforts.

Trump brings the Age of Humiliation for friends. Modi needs stoicism abroad, humility at home

Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.