Axis Bank Merges Banking Services with Citi Bank: What it Means for Old Citi Bank Customers
Overview of the Merger On March 30, 2022, Axis Bank announced its decision to acquire the retail banking operations of Citibank India, marking a significant milestone in the Indian banking sector. The merger, valued at approximately $1.6 billion, was orchestrated to leverage the strengths of both financial institutions. This strategic move by Axis Bank aims … Read more