WebMar 21, 2024 · SBI Cards and Axis Bank, the latter fresh with its acquisition of Citi's credit card portfolio, showed improvement in the card market share that stood at 19.8% and 11.7%, respectively, at the end of February. Cards in force market share for HDFC Bank and ICICI Bank marginally declined to 20.8% and 16.5%, respectively, in February. WebFeb 28, 2024 · axis bank logo (File) The consumer banking business of Citibank India is all set to be merged with Axis Bank from Wednesday —11 months after the deal was …

Citibank Merger with Axis Bank – All Your Queries Answered

WebDec 1, 2024 · In March, Axis Bank had announced acquisition of retail business of Citibank India for Rs 12,325 crore. (Reuters file photo) Axis Bank’s acquisition of Citibank India may get pushed... WebApr 3, 2024 · India’s private bank Axis Bank has announced to buy American Citibank. Rs 12,325 crore deal between the two banks ( Axis-city Bank deal) happened. As soon as all the terms of the deal are fulfilled, … honeykomb brazy sentenced

CCI approves ₹12,325 cr acquisition of Citibank

WebDec 21, 2024 · Axis Bank Emerged As Front Bidder It looks like Axis is about to strike an all-cash deal for Citi’s India retail assets. The deal could be worth $1.5 billion with up to $300-400 million... WebMar 17, 2024 · Axis Bank, India's third largest private sector bank, today announced the debut of UPI LITE, a new feature that will allow users to make quick payments with only one touch for modest value transactions up to Rs. 200 without the use of a UPI PIN. ... Axis Bank completed acquisition of Citibank India’s consumer business. Axis Bank supports … WebMar 30, 2024 · Axis in a statement said, “It will gain access to the large and affluent customer franchise of Citibank having a bouquet of fee-oriented and profitable segments, that include quality credit card portfolio, affluent wealth management clientele, meaningful deposits with 81 per cent being CASA, along with a strong consumer lending portfolio. honeykomb brazy little brother