Citibank’s India exit is an opportunity for smaller banks to buy its lucrative retail portfolio

Citibank’s India exit is an opportunity for smaller banks to buy its lucrative retail portfolio

Photographer: Chris Ratcliffe/Bloomberg

Citibank’s India consumer retail business is up for grabs as the global lender plans to exit the country along with 12 other geographies completely. The retail basket includes credit cards, deposit accounts, wealth management, and its mortgage portfolio.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter