Citi India

Citi India CEO said renewables, semiconductors, electronics and battery energy storage are some of bright pockets where capex is expected to rapidly grow in the coming years.

Citi India CEO Balasubramanian expects $15-billion IPO rush over next 2 months

The pipeline of companies waiting to hit the market is quite robust and there could be a meaningful spill over to early 2026, Balasubramanian tells Moneycontrol in an interview

Citi India plans to launch sustainability-linked deposits soon

Money raised from these deposits will be invested by Citi to help multinational customers meet their environmental, social and governance obligations in India, the people said.

Citi India’s Badrinivas NC to take over Asia Pacific role

Badrinivas will be the markets treasury regional head for Asia Pacific.

HDFC Twins To Join Hands In The Mother Of All Mergers: India Inc Reacts

The merger could take up to 18 months to be completed, and according to analysts, it will be equally beneficial for both customers and the bank.

Pramit Jhaveri, who brought scale to Citi India, retires early

Jhaveri retirement was announced by the Citi Asia Pacific chief executive Peter Babej over email to the employees, the sources said.

10-year G-sec around 7.20-7.25% reasonable for next few weeks: Citi India

Fiscal slippage worries will come to the fore if the GST revenue collections do not hit the Rs 1 lakh crore mark by FY19, said Badrinivas NC of Citi India.

Citi India ban use of debit/credit cards to buy bitcoins

Citi India in a message to its customers said it has banned usage of its debit and credit cards for purchase or trading of virtual currencies.

Budget 2018: Fiscal deficit, borrowing nos in-line with estimates, says Citi India

It is unlikely that the government may slip on the fiscal deficit target for one more year because it may impact their credibility, says Samiran Chakraborty, Chief Economist and Surendra Goyal, Head of Research, Citi India.

Prefer consumer discretionary to staples: Abhinav Khanna, Citi India

In an interview to CNBC-TV18's Latha Venkatesh and Nimesh Shah, Abhinav Khanna, Head-Equities of Citi India spoke about his views and outlook on the market.

Citi India profit rises 12% in FY17

Net Interest Margin (NIM) rose to 5.4 per cent as against 5.1 per cent in the previous fiscal. However, net non- performing assets (NPA) remained unchanged at 0.5 per cent.

Citi India prunes home loan rates to 8.80%

It will reduce the interest rate to 8.80 percent from 9.50 percent, effective January 9, Citi India said in a statement.

Some banks begin levying MDR charges on debit card payments

"The MDR charges waiver has been extended till January 7 and the review would be done after that," Citi India spokesperson said.

Citi India waives debit card fees for merchants

The temporary suspension of the merchant discount rate (MDR) on all domestic debit card transactions it acquires will remain until December 31.

Over 25 bps rate cut a possibility in next 6-9 months: Citi

Sharp fall in consumer price index gives the central bank an opportunity to weigh in a more than 25 bps rate cut in the next 6-9 months depending on global cues, Badrinivas NC, Country Treasurer and Head of Local Markets Treasury at Citi India told CNBC-TV18.

Investors cautious post rally, earnings recovery to be key: Citi

India has performed in-line with emerging markets this year, he says, adding earnings recovery remains the key. He remains constructive.

India's macro trend strongest among EMs; will buy on dips: Citi

Closely monitored indicators show we have turned the corner in terms of economic revival and though earnings might take a while to recover fully, we see the market discounting it even before it reflects in the numbers, says Abhinav Khanna, Head of Equity at Citi India.

Kyron, Patni Healthcare join Microsoft Ventures' CoInnovate

Under its #CoInnovate programme launched in June this year, Microsoft Ventures is working with Reliance, Deshpande Foundation and ISDI Creative Accelerator.

Unsecured loan book grows despite sluggish growth: Citi

American lender Citi said here on Wednesday that despite sluggish economic growth in the country, its unsecured loan book continues to grow and its quality has not been affected.

Citi net up by over 18% to Rs 3,423 crore in FY15

Citi India Chief Financial Officer Niraj Parekh expressed satisfaction at the performance saying, it comes in spite of the "uneven" and "unpredictable" growth scenario in the economy.

Mkt performance to continue, see Sensex at 33K in Dec: Citi

With the launching of wide ranging eco socio schemes like Jan Dhan, Swachh Bharat, Make in India ,Digital India , India is witnessing more than reforms. Citi's Aditya Narain cites the example of Budget wherein Finance Minister Arun Jaitley has strongly pushed for transformative agenda further.

Citi India may raise Rs 300 crore via sale of old Mumbai HQ

Citi India hopes to raise Rs 300 crore from the sale. The property that is located in the premium business district Bandra Kurla Complex (BKC) has a total area is about 1 lakh square feet office space.

Citi India FY13 net up 41% YoY on lower operating expenses

Aided by lower operating expenses and higher other income, Citi India – the domestic arm of global giant - Citi Bank, reported more than 41 percent year-on-year spike in its net profit to around Rs 2,720 crore for year ended March 31, 2013.

Sell BHEL, BGR Energy, Thermax: Venkatesh

Venkatesh B, Equity Analyst at Citi India is bearish on BHEL, BGR Energy Systems and Thermax. He recommends selling these stocks.

Hold L&T, Havells, Cummins: Venkatesh B

Venkatesh B, equity analyst at Citi India is of the view that one can continue holding L&T, Havells and Cummins.