all-cash deal Current Affairs, GK & News

Axis Bank- Citibank Deal

April 1, 2022

Citigroup has announced that Axis Bank will be acquiring Citibank’s India consumer business for an amount of USD 1.6 billion in an all-cash deal. This transaction will be including Citibank India’s consumer banking businesses, which include retail banking, credit cards, consumer loans, and wealth management. Overview: This transaction will also be including the sale of ..

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