Bank Axis and Chief Executive Officer Chief Executive Officer Director Chaudhry on March 30 is called the Bank’s steps to acquire the Indian Citibank consumer business as a “lifetime agreement”. Purchases will provide access to Bank Axis to 2.5 million Citibank customer cards and will produce an increase of around […]
Citibank can announce the sale of Indian consumer business to Axis Bank on March 30, CNBC-TV18 reported. The measure of agreement is estimated to be around $ 2 billion with related milestone payments, the report said. This includes a Citi customer base of 2.6 million credit card holders. Furthermore, as […]
Axis stock prices added two percent at the beginning of trading a day after the company announced in December quarter income. The bank reported 224 percent year-on-year rise in net income at RS 3614 Crore. The private lenders also reported growth of 17 percent of net interest income for RS […]
