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Home » Foreign Banks in India » Citibank India | |||||||||||||||||
Citibank |
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Citibank India, has a young and dedicated team of professionals to provide the best service. Citibank India has its presence in India since 100 years ago as a scheduled commercial bank. It operates 42 full-service Citibank branches in 30 cities and over 450 ATMs across the country. Citibank India offers consumers and institutions a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. |
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The Citibank Corporate Banking manages relationships with clients, which include leading Indian companies. The global industry groups are staffed by specialists dedicated to providing state of the art solutions across continents and industries. Launched in 1997, Citibank India’s citizenship program focuses on Financial Capability and Asset Building, Microfinance and Microenterprise, Small and Growing businesses and College and Careers. Payroll giving, employee volunteerism and disaster relief and rehabilitation are also priority areas. |
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Foreign Banks like Citibank in India always brought an explanation about the prompt services to customers. After the set up foreign banks in India, the banking sector in India also become competitive and accretive. New rules announced by the Reserve Bank of India (RBI) for the foreign banks in India in Budget 2009 has put up great hopes among foreign banks which allows them to grow unfettered. Now foreign banks in India are permitted to set up local subsidiaries. The policy conveys that foreign banks in India may not acquire Indian ones (except for weak banks identified by the RBI, on its terms) and their Indian subsidiaries will not be able to open branches freely. Please see the list of Foreign banks in India till date.
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