Why Citi’s India retail exit is paying off as institutional asset book crosses ₹1 lakh crore
Citibank N.A. India’s strategic exit from consumer banking is delivering results, with its institutional asset book crossing ₹1 lakh crore. The bank has nearly doubled the book since selling its retail business to Axis Bank in 2023, redeploying capital towards corporate and institutional banking.
Citibank N.A. India’s decision to exit consumer banking and sharpen its focus on institutional clients is beginning to show results, with its institutional asset book crossing ₹1 lakh crore, nearly doubling from about ₹53,000 crore since the consumer... [3154 chars]