March 22, 2025
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Citigroup Inc.’s India unit is set to significantly expand its holdings of asset-backed securities, tripling its portfolio to over $1 billion by the end of the fiscal year. The move comes as Indian lenders seek liquidity amid sluggish deposit growth, with the country’s total securitisation volume expected to reach nearly $30 billion by March 2026, […]Continue Reading
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Citi announced in a press release that Axis Bank will acquire Citi’s consumer businesses in India for a cash consideration of approximately $1.6 billion. According to the statement, the transaction involves the sale of Citibank India’s consumer banking businesses, which include credit cards, retail banking, wealth management, and consumer loans. Citi chose Axis Continue Reading

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