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Axis Bank completes acquisition of Citibank’s consumer business for ₹11,603 crore – here’s everything to know

India’s third-largest private lender Axis Bank on Wednesday said it has completed the acquisition o…

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1 min read

Axis Bank's stocks rise after acquiring Citibank's consumer business in India

The deal is subject to regulatory approvals. Accordingly, the share price of Axis Bank rose t…

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6 mins read

Here’s how much banks have increased home loan interest rates

Rising inflation resulted in central banks around the world hiking interest rates. This has also sp…

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3 mins read

Axis Bank beats street estimates on net profit, business growth disappoints

Axis Bank, the third largest private sector bank, on Monday reported a net profit of Rs 4,125 crore…

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Here’s why Axis Bank may be willing to pay $2 billion to buy Citi’s India ops

Axis Bank could be the leading horse in the race to acquire Citi Bank’s retail assets, and the bigg…

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A Black TikToker said she was racially profiled at an LA Citibank and now her videos have been watched over 33 million times

TikToker Baby Storme made 8 TikToks about an alleged encounter at a Citibank, saying she was racial…

Charissa Cheong   


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'Weasels have eaten our phone system' — Citi customers trying to call customer service were met with the same odd prompt

Some customers speculated that Citibank's phones had been hacked. But the weasel message is actuall…

Paige Leskin   


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1 min read

Citibank, JPMorgan, and other banking giants are facing a potential class action lawsuit over ripping off clients on currency trades, report says

The banks, which include UBS, Barclays, Citibank, and JPMorgan, are accused of colluding to rig pri…

Ethan Wu   


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4 mins read

Axis Bank may soon become the third largest credit card player after HDFC Bank and SBI post the Citibank deal

Axis Bank may soon join the top league, at least in the credit card space, after one of the biggest…

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2 mins read

Stimulus checks are starting to hit Americans' bank accounts this weekend, but some may not be able to access the money right away

The IRS said it is officially releasing the direct payments on March 17, so it may take a few more …

Joseph Zeballos-Roig   


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1 min read

RBI imposes Rs 4 cr penalty on Citibank

RBI said the statutory inspection of the Indian operations of the bank with reference to its finan…

PTI   


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This is when the next Amazon Great Indian Sale is happening

Citibank is offering customers even more savings during this event with an additional cashb…

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3 mins read

The stimulus money was supposed to help small businesses. But big banks reportedly let their wealthiest clients get money first.

When asked if JPMorgan Chase prioritized richer clients first, a spokesperson told Business Insider…

Isaac Scher   


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Citibank is acclaimed as the best bank for high-net-worth families - again

Subscribe to a Premium pass to Business Insider Intelligence and gain immediate access to the Banki…

Gregory Magana   


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2 mins read

These government banks have the worst service record, according to RBI approved body

Andhra Bank, Punjab and Sind Bank and State Bank of No matter whether the banks got a logo makeo…

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1 min read

Citigroup just became the biggest US bank so far to get rid of overdraft fees, which consumer advocates say disproportionately hurt low-income customers

Many other banks are also re-evaluating their overdraft and non-sufficient fund fees, which generat…

Sarah Jackson   


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1 min read

Wary of disruptive technologies, CitiBank is engaging with startups through hackathon

Tech-savvy consumers are now looking towards alternative financial solutions that have the potentia…

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3 mins read

ARGENTINA'S ECONOMY MINISTER: We're suing Citibank for making 'a deal with the devil'

WHEREAS, in light of the unique concerns of the Argentine branch... a major international branch of…

Linette Lopez   


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2 mins read

Here's the pitch deck AI startup Gupshup used to raise $50 million to help businesses send better, more fun text messages to customers

Gupshup, a Hindi word for "socializing" or "chatting," uses AI to automatically sort and classify t…

Benjamin Pimentel   


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The 8 Worst Companies For Customer Service

According to the NRF, Wal-Mart is the biggest mass merchant in the United States. When you're that …

Matt Johnston