Tag: citibank
India rate cuts seen delayed to 2025 after Sept inflation spike, say economists
A sharp jump in India’s retail inflation for September has prompted several economists to push back domestic rate cut bets to the first-half of 2025…
Paytm parent’s staff costs rise 21% in a challenging year
One 97 Communications (OCL), which runs digital payments platform Paytm, saw its overall employee costs grow 21% to Rs 4,589 crore in 202-24 from Rs…
RBI RATE CUTS: RBI seen pivoting to rate cuts by year-end after a long pause
Borrowing costs in India have probably peaked, with the central bank expected to start cutting rates by the end of the year — that’s the…
Top US banks post strong Q1 profits despite global turmoil
NEW DELHI: Despite a global banking crisis, several US lenders on Friday reported better-than-expected Q1 earnings, esceeding investor expectations. Banks like JPMorgan Chase, Wells Fargo,…
Axis Bank takes over Citibank’s ops in India. How are Citi customers affected?
Mumbai-headquartered Axis Bank announced on Wednesday it has completed the acquisition of Citigroup’s India consumer business from Citibank NA, at an overall consideration of ₹11,603…
gdp growth: India December quarter GDP growth stronger than data suggests – economists
The apparent slowdown in India‘s GDP growth in the October-December quarter has been driven to a large extent by revisions to past data, economists said,…