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Bagla was at the helm of Invest India since 2015. Earlier, he had stints at World Bank, Citibank, and private equity firm 3i Group
The BSE Metal Index rallied 1.5 per cent, outperforming the benchmark Sensex which rose 1.41 per cent
In March 2022, Axis Bank said it would purchase Citi's retail business in a transaction worth Rs 12,235 crore
Prior to joining IndusInd Bank, Kathpalia had stints with Citibank, Bank of America and ABN Amro
Unity Small Finance Bank is a new age, digital first bank which was recently elevated to a 'Scheduled Bank' and was included in the Second Schedule of the RBI Act.
The company is in talks with several banks, including Citibank, to manage the share sale; The last share sale by a Tata firm was in 2004, when TCS floated an IPO
As per a media report, Mittals are in talks with some major banks like BNP Paribas, Bank of America, Citibank, JPMorgan, and Standard Chartered to raise over $2 billion
World stocks recorded their worst quarter this year since the coronavirus pandemic unleashed havoc in March 2020, while US stocks are down nearly 12% from its peak earlier this year
The results from Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo were similar to the results out of JPMorgan Chase, which on Wednesday reported a double-digit decline in profits
The quality of customers it acquires holds the key to success but the benefits of the buyout could kick in only from FY25
In this exclusive interview with Tamal Bandyopadhyay, Citi Asia Pacific CEO Peter Babej explains why his bank has chosen to sell its retail business in India and what it plans for the future
Here are the best of BS Opinion pieces of the day
Larsen & Toubro Limited (L&T) has appointed former Chief Executive Officer of Citibank India Pramit Jhaveri as independent director. The board also approved the appointment of Jhaveri as an independent director of the company for a period of five years with effect from April 1, 2022, L&T said in a statement. He is also senior advisor to Premji Invest and PJT Partners and an independent director on the board of Bajaj Finance Limited. Prior to his current activities, he was Vice Chairman - Banking, Asia Pacific Citi. He served as Chief Executive Officer of Citibank India from 2010 to 2019.
The Asia Pacific hiring represents the largest investment in headcount across CCB globally, the foreign lender said
Ministry says the departure from Mexico of the country's no. 3 consumer bank 'raises delicate matters for the finance and regulatory authorities'.
Citigroup Inc is planning to split the operations and technology functions of its unit, Institutional Clients Group
Lender may take time till December to finalise a buyer, no shortlist made so far, says a source
License issued today by IFSCA
A writer on a wide variety of issues as a result of his interest in creating constructive debate for challenges facing India, he was instrumental in founding Delhi Policy Group