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He added that Citi India expects the unsecured credit card and personal loan segment to swell by 25%-30% in this financial year through March 2013, and the mortgage lending business to grow 15%-16%. The consumer business contributed 41% to Citi ...
May 25, 2012 at 16:54 | Source: Marketwatch
Customers of the Citi-Jet cards will have to pay '1,000 to switch to the new cards, but will get credit points in the first year to adjust for their balance period. The tie-up with Jet was one of the oldest Citibank had in India and its first co ...
May 24, 2012 at 13:42 | Source: Businessweek
However, the risks are severe this time as India has to address it own macro problems more than the Greek crisis. Pankaj Vaish, MD and Head of Market-South Asia at Citi is worried that the sentiment is even worse than 2009 and investors are very ...
May 26, 2012 at 09:43 | Source: MoneyControl.com
Keeping these in mind, we strongly believe that an airlines agnostic card is the way for the future for cards in the industry segment," country business manager, global consumer group of Citi India, Anand Selvakesari, said. According to the bank ...
May 22, 2012 at 20:18 | Source: moneyguruindia.com
Moreover, Citi has also offloaded its entire 9.85% stake in Housing Development Finance Corporation Ltd. ("HDFC") in India for a pre-tax gain of $1.1 billion. Notably, HDFC is a premier housing finance company in India and the promoter of HDFC ...
May 25, 2012 at 21:40 | Source: NASDAQ
However, say Citi analysts argue, most investors think an ongoing policy paralysis and ‘governance’ deficit is the key reason for the slowing India growth story: Key concerns centered on in-ordinate delays in project approvals, fuel supply ...
May 22, 2012 at 23:52 | Source: Financial Times
He added that Citi India expects the unsecured credit card and personal loan segment to swell by 25%-30% in this financial year through March 2013, and the mortgage lending business to grow 15%-16%. The consumer business contributed 41% to Citi India's ...
May 25, 2012 at 17:29 | Source: 4-traders (press release)
Citi report has also indicated that India could face future downgrades in ratings. The GDP growth is expected to remain in 6-7% range. With rising USD, the oil import bill will increase for India. If the government passes the burden of higher oil prices to ...
May 16, 2012 at 17:19 | Source: Top News India
This is the third one in a year and the steepest hike in petrol price ever. According to the Citi India Macro report, "given growing worries on the prevailing 'governance deficit', we think this move is positive from a sentiment point of view ...
May 24, 2012 at 13:27 | Source: Hindustan Times
NEW YORK (Reuters) - Citigroup Inc's Automated Trading Desk had trading losses of about $20 million from Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. exchange, a source with knowledge of the situation said on Friday. The ...
May 25, 2012 at 17:22 | Source: in.news.yahoo.com