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Banks need to take blame for some problems: Citi India CEO

While an uptick in economic activity will help banks come out of some of their problems, some issues currently facing the Indian banking industry are of its own doing and it needs to take the blame for the same, Citibank's India chief Pramit Jhaveri said.

Citibank not keen on subsidiary route in India at this time

Citibank has said it is not keen on converting its branch operations in the country into wholly owned subsidiaries at this time even after incentives offered by the Reserve Bank of India.

Citibank to offer specialised health insurance services

Citibank India, a leading wealth management services provider, along with Apollo Munich will offer healthcare solutions to its affluent and high networth clients.

Citibank India profit grows 41.4% to Rs 2,718 crore

Citibank India on Wednesday reported a 41.4 percent rise in profit after tax for 2012-13 at Rs 2,718 crore.

Citibank brings in paperless payment system for cardholders

Citibank India Monday announced a new paperless mobile payment system for all credit and debit card customers in India that would do away with the charge slips.

Citibank plans 'Cyber Monday' like e-shopping sale in India

India may soon have its own version of 'Cyber Monday', when billion-dollar worth products are sold online at heavy discounts within a day, with Citibank planning a similar mega e-shopping sale this week in India.

Citi India FY’12 net jumps 35% to Rs 1,922 cr

US-based bank Citi India Tuesday reported nearly a 35 percent rise in its net profit at Rs 1,922 crore for the 2011-12 fiscal year, on the back of strong growth in commercial banking and mortgage businesses.

Citibank India launches 'PremierMiles Credit Card'

With this, Citibank has mutually agreed to exit its co-branded card partnership with Jet Airways, which was in existence from 1999, the foreign bank said.