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Citibank likely to hive off consumer banking business in India

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer......

Lakshmi Vilas Bank had dug its own grave

Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad.That's an error of......

Hinduja family feud: $11 billion empire at stake

Four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok -- had in 2014 signed on a document saying the assets held by one brother belong to all, and that each of them will appoint the......

Where have all the women bankers gone?

Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.   In the run-up to Business Standard's annual banking......

Citibank settles case with Sebi, pays Rs 4.5 crore

In April 2015, the regulator issued a show cause notice to the bank for alleged violation of portfolio managers’ norms with respect to one relationship manager. Citibank N.A. has settled a......
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Citibank likely to hive off consumer banking business in India

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the... ...

http://www.rediff.com/money/report/citi-may-hive-off-consumer-banking-business-in-india/20210308.htm

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