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    HomeNewsOpinionCitibank’s exit: Not easy to do business in India?

    Citibank’s exit: Not easy to do business in India?

    The 2008 financial crisis prompted the RBI to turn up the regulation on banks. It also prompted multinational banks to turn down their enthusiasm in spreading their business across geographies and focus on healing the home business

    Aparna Iyer
    March 06, 2023 / 12:19 IST
    The foreign banks are fair weather friends that enter a market, including India, to make profits. Contribution to the local economy is incidental. (Representative image)
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      Moneycontrol's Pro Panorama November 19 edition: A silent shift is underway in India’s credit landscape, with fintechs pulling a...

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